The price is reversed from EMA20. Meanwhile, it’s been closed under the Monthly S1 pivot point . In addition, the reversal candlestick is Bearish Engulfing –the bearish candle’s close is under the lowest price of the previous candle; meanwhile, it has covered bearish continuation.



more…

READ  USDCHF H4 trade idea for OANDA:USDCHF by Nabeelforexstarz