JakeSummers4x

Big clean Marubozu candle on the Weekly TF.

Short
FX:EURUSD   Euro / 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?

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.