EURUSD is in a lateral zone since first days of August.
Here is a possibile pattern of what could happend. I will take a short position on breakout of the weekly pinbar lowest point. Setup invalidated if price will break above 50% weekly pinbar length.
Weekly chart below. The huge pinbar formed 3 weeks ago is still a valid setup to trade.
Here is a possibile pattern of what could happend. I will take a short position on breakout of the weekly pinbar lowest point. Setup invalidated if price will break above 50% weekly pinbar length.
Weekly chart below. The huge pinbar formed 3 weeks ago is still a valid setup to trade.
Ordre annulé:
EURUSD is still in a huge bullish movement