EURUSD-Weekly Market Analysis-Apr20,Wk1
The bearish butterfly pattern setup signals a potential retracement on EURUSD. The candle did go past the HOP level, but right now the Arrow indicator has shown up with an RSI Divergence(red line).
Traders can wait for a break and close below the HOP level(without touching target 1) and retrace back to 1.1132 for a potential shorting opportunity.
Traders can wait for a break and close below the HOP level(without touching target 1) and retrace back to 1.1132 for a potential shorting opportunity.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
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🏦 Qualify Junior Analyst within 90days
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Get into our 15mins workday community
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Live session & Trading Tips on the GO
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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.