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UnknownUnicorn36736888
Mar 21, 2022 11:36 PM

EURUSD | Buyers Adamant Long

Euro Fx/U.S. DollarFXCM

Description

EURUSD looks bearish but that seems likes a façade as buyers seem to be in control of price action. The expectation is to see EURUSD rising this week and forming a decisive new local high.
Comments
arxher007
Dont count the wicks. only count the body as the most accurate into. I wish i could post a pic to show what I mean
UnknownUnicorn36736888
@arxher007, thanks for comment. Counting wicks or involving only bodies is a matter of personal preference and none of them are facts. I make use of wicks to filter bad signals, to obtain better entries with low risk and high reward. Nothing is standard in the markets, go with whatever works for you based on back-testing you have done in the past.
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