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EUR/USD Strong Bearish Weekly Candlestick Has 1.15 as Target 🎯🏁
Posted On 28 Oct 2017
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Dear Traders,
The EUR/USD showed a very strong weekly bearish candle below the 1.17 support zone and price is now ready to move towards the next target at 1.15. Trade setups could occur this week after a bullish retracement or chart pattern. The EUR/USD also offers potential reversal trades at the 38.2% Fibonacci level around 1.1475-1.15 once daily candlestick confirm a bounce.
The GBP/USD is indecisive as price is unable to break below the long-term support levels but the strong bearish momentum could setup potential trade setups at resistance or after chart patterns appear.
Also, ecs.LIVE trades and analysis starts soon with 2 week free trial!
Check out the video for the full analysis and trade plans on 29 – 30 October 2017:
- EUR/USD, GBP/USD technical analysis
- Review of patterns, trends, key S&R levels
- Explanation of potentrial trade ideas both up and down
- Beginner friendly, explaining concepts in more detail
See the video below for all of the details
Many Green pips,
Chris Svorcik
ecs.LIVE & Tools
Full Member Area access to daily charts, analysis and webinars, plus swat education and tools.
Source:: EUR/USD Strong Bearish Weekly Candlestick Has 1.15 as Target 🎯🏁
