Market closed right at the completion level of the pattern. However, price action didn't managed to print any bullish signs. And fundamentally, EUR is still very weak. But technically, it is way oversold.
Going into the next, as long as price is able to trade above the 130.20 region, this pattern will still be valid.
I would love to hear your opinion, feel free to comment, agree or disagree.
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KY
Going into the next, as long as price is able to trade above the 130.20 region, this pattern will still be valid.
I would love to hear your opinion, feel free to comment, agree or disagree.
------------------------------------------------------------------------------------------------------------------------------------------------------------------
Always wanted to connect, learn and help one another throughout your trading journey? Join our community for FREE at www.facebook.com/groups/fxpipsology/ The only thing you need to 'pay' is your commitment to trading and sharing!
Have a great pipping day!
www.fxpipsology.com/
www.facebook.com/fxpipsology
Cheers,
KY
