In this video I show some good past setups on the EURUSD that would have been profitable as well as take a look at where the markets may be going over the next week or more. I focus primarily on the inside bar pattern and some potential ways to trade these setups.
Since early this year there have been a number of high quality price action setups including inside bars, engulfing bars, and pin bars. The majority were quality, trade-able setups that would have offered risk:rewards of 1:2 or better. Price is currently stuck in a strong bearish trend so we will be looking for small pullbacks into key resistance areas to get short with the trend. There is also a larger head-and-shoulder pattern that is currently forming. Prudent traders will want to watch closely to see if that pattern continues to form as well.
Since early this year there have been a number of high quality price action setups including inside bars, engulfing bars, and pin bars. The majority were quality, trade-able setups that would have offered risk:rewards of 1:2 or better. Price is currently stuck in a strong bearish trend so we will be looking for small pullbacks into key resistance areas to get short with the trend. There is also a larger head-and-shoulder pattern that is currently forming. Prudent traders will want to watch closely to see if that pattern continues to form as well.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.