Last week we identified a bearish candlestick reversal pattern on the daily that suggested that we would see weakness in EURUSD
The pattern has played out very nicely.
With Wave C/3 now at 100% of wave A/1 right at a previous support zone, it will be interesting to see what happens next.
No sign of the 1-4hr trend ending yet, but I'm watching it like a hawk to see if we get any evidence of buying activity or we see continued weakness
Cheers
Dale
The pattern has played out very nicely.
With Wave C/3 now at 100% of wave A/1 right at a previous support zone, it will be interesting to see what happens next.
No sign of the 1-4hr trend ending yet, but I'm watching it like a hawk to see if we get any evidence of buying activity or we see continued weakness
Cheers
Dale