Week 23, 3-7 June 2019
FA Stats:
- EUR currency is facing ahead of this week the main refinancing rate 0.00% vs. 0.00% on Thu 6 June, the day of Monetary Policy Statement.
- USD NFP week.
TA Tactics:
- Daily price channel with 7 touches (if the double bottom completes its formation then the particle decline will form, touch 8 is a breakout) + Strong (Marubozu) reversal candle.
- 4hour triple bottom (inverted H&S ???)
- RSI Divergence
S&D Zone:
- Demand zone @ 1.1129 (bottom wick on 19 May indicates that the zone is no longer fresh, a revisit to could break)
- Supply zone @ 1.1220 & 1.1258
- Will look for a clear entry on those levels.
FA Stats:
- EUR currency is facing ahead of this week the main refinancing rate 0.00% vs. 0.00% on Thu 6 June, the day of Monetary Policy Statement.
- USD NFP week.
TA Tactics:
- Daily price channel with 7 touches (if the double bottom completes its formation then the particle decline will form, touch 8 is a breakout) + Strong (Marubozu) reversal candle.
- 4hour triple bottom (inverted H&S ???)
- RSI Divergence
S&D Zone:
- Demand zone @ 1.1129 (bottom wick on 19 May indicates that the zone is no longer fresh, a revisit to could break)
- Supply zone @ 1.1220 & 1.1258
- Will look for a clear entry on those levels.