Hi Trader, We have a 2618 setup forming here on EURUSD in the context of the longer term downtrend. I am particularly confident in this setup for a number of reasons. The early-week rally has been almost completely eliminated with yesterday's selloff. A valid 2618 setup has formed with the double top and close below neckline, confirming the potential for an...
If close doji candle then sell...short term. long term look for buy opportunity.