EURUSD - Seller gaining strength. Buyer last attempt.
1. Buyers unable to sustain breakthrough
2. Buyers managed to halt sellers (sell high buy low) attempt and test for second breakthrough - strong buyer sentiment.
3. Breakthrough failed and buyers unable to halt seller attempt.
4. Notice the latest W1 candle close near previous low. This usually signifies a coming buy attempt as sellers are unable to push be beyond that low point.
Verdict: Due to the volatile nature of both buyer and sellers, where i do not observe a clear dominant player between buyer and seller, I do not see any opportunity for this week.
I do notice a small opportunity based on gut feeling where price will move up 500 points in 7 days.
2. Buyers managed to halt sellers (sell high buy low) attempt and test for second breakthrough - strong buyer sentiment.
3. Breakthrough failed and buyers unable to halt seller attempt.
4. Notice the latest W1 candle close near previous low. This usually signifies a coming buy attempt as sellers are unable to push be beyond that low point.
Verdict: Due to the volatile nature of both buyer and sellers, where i do not observe a clear dominant player between buyer and seller, I do not see any opportunity for this week.
I do notice a small opportunity based on gut feeling where price will move up 500 points in 7 days.
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Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.