JakeSummers4x
Short

Big clean Marubozu candle on the Weekly TF.

FX:EURUSD   Euro Fx/U.S. Dollar
As you can see, last week we closed with a a strong bearish Marubozu candle. I'm expecting more downward pressure to 1.0700 area, then on to 1.0550 at some point.

Expecting some pullback on the smaller TF though before we make another leg down perhaps?
not sure about a Marubozu here tbh. Their is a shadow of about 1/4 the high low? The one on 18th May was good however - and showed a better opportunity. Not really a candlestick follower mind you - so maybe im showing naivety....
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