EURUSD-Weekly Market Analysis-Apr20,Wk3
The 1-hourly chart has shown a bullish trend, we had our trade advanced and ahead of this move. Traders who like to get involved in the trade can wait for the magic candle to rest nicely on the profit trendline(Blue) with a confirmation before engaging the trade.
If the candle breaks and close below the profit trendline, as long as it didn't break and closes out of the buy zone, it is fine to engage for a buying opportunity.
If the candle breaks and close below the profit trendline, as long as it didn't break and closes out of the buy zone, it is fine to engage for a buying opportunity.
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