dainiushka

EURUSD, AB=CD pattern, long-legged doji

Long
OANDA:EURUSD   Euro / US-Dollar
EURUSD formed a bullish AB=CD pattern and long-legged doji candle. "Long-legged doji candles are deemed to be most significant when they occur during a strong uptrend or downtrend. The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a trend reversal may occur. This is because equilibrium or indecision means that the price is no longer pushing in the direction it once was. Sentiment may be changing." - by investopedia. EURUSD has strong 1.0500 support. Seven candles bounce off this level and formed a range. It is seven years lows and support. EURUSD is a little oversold and maybe pullback towards 20 ema on 1 day time frame or towards a 1.0800 resistance. What event to watch in economic calendar tommorow? FOMC members will speak. MAY 9 - Russian victory day, what will Putin announce in this day.
Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.