eur/usd

17 thg 10, 2021

for EUR/USD this coming week I have a bearish bias on it. Here is why. If we take a look at our daily chart we can see the last two candles form what most of us would call Doji. But am looking at it as tweezer tops. and they fall below a major support area. however if we take a look at the MACD we will see our blue line crossing our orange which would tell us to buy. but lets look on our weekly TF. the MACD is saying sell and if we should take a step back our 4hrs, 1hrs, MACD is telling us to sell. Now look at our 15min TF. you can see a small support area between the two daily candles. that area my friend is the area to watch for an entry. me personally would go to the 5min TF for my entry.