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jwiens27
Mar 18, 2019 5:09 PM

EURUSD Bearish Daily Pinbar Forming at Resistance Short

EUR/USDOANDA

Description

In my previous post we had formed a double top on the H1 and H4 charts (blue line here). The line was broken early this morning but the daily candle has failed to remain above resistance, and has begun to form a bearish pin bar potentially signaling an end to last week's rally. Will be watching for today's candle to close below resistance at ~1.134 in order to confirm an entry short.
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