PURE PRICE ACTION
TECHNICAL ANALYSIS ON EURUSD FROM WEEKLY TO 4H. FROM THE WEEKLY PERSPECTIVE PRICE HAS BREAK OUR LONG TERM DESCENDING TRENDLINE AND ALSO THERE'S A BULLISH ENGULFING , WHEN I SAY BULLISH ENGULFING I MEAN PRICE HAS FULLY ENGULF THE WEEK BEFORE THIS RECENT ONE TO THE UPSIDE.
FROM THE DAILY PERSPECTIVE WE CAN SEE THAT PRICE IS APPROACHING A WEEKLY...
DAILY TIMEFRAME PRICE BREAKS SUPPORT, WE HAD A PULL BACK TO THAT SAME SUPPORT LEVEL WHICH IS MARK ON MY CHART WEEKLY SUP. NOW WHAT WE NEED TO LOOK AT IS WAIT FOR ITS TO BREAK THAT LEVEL FOR POSSIBLE LONG OR FIND SOME REJECTION FOR A SHORT TERM SELLS. ALSO THERE'S A HAMMER CANDLE WHICH SHOW THERE'S BUYING POWER.
ALSO I'M LOOKING AT SHORT THIS PAIR IF WE CAN...