Good afternoon traders,
I am currently looking to enter this pair on Monday or Tuesday if I have the right confirmations. So far this is what we know:
1.The price on the 8H chart is currently at a strong resistance area/supply zone.
2.Price has formed a bearish engulfing pattern.
3. Friday candlestick was a doji candle.
Do not rush to enter the trade and make sure to carry out your own analysis first and use proper risk management.
I am currently looking to enter this pair on Monday or Tuesday if I have the right confirmations. So far this is what we know:
1.The price on the 8H chart is currently at a strong resistance area/supply zone.
2.Price has formed a bearish engulfing pattern.
3. Friday candlestick was a doji candle.
Do not rush to enter the trade and make sure to carry out your own analysis first and use proper risk management.