FxArena

EURUSD Still in Buyers???? even looks like sellers Spike out

FxArena Updated   
FX:EURUSD   Euro / U.S. Dollar
According to my previews view before happened the spike, it was a buyers are getting strong. But there was a little spike out. buy looking the H1 chart here. it is breaking a trend line here. But when we looking at the H4 chart there were sellers come more. Buy the way there is a key support level in H4 chart right now So there is a clue of sellers are out even if market looks strong sell. this could be a fakeout. So just need wait before take an Buy entry here for confirmation

Here is the Key level in H4 chart.

Comment:
according to the EURUSD analysis short while ago. market just came through fakeout. booyeah!!!
But don't panic. still not confirm the uptrend we should have more confirmations. next H4 candle will be opened in 15 minutes. So still looks sellers area. might be down again to the same support area near. So wait for the big move
Comment:
Comment:
As I told exactly market just came down again. wait for more confirmation

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.