- Thu 20210701 15.00 EURGBP 1h (see AI settings here).
- SMA21 was falling.
- Price was below SMA21.
- At 15.00 hours, buyers who entered long positions above 0.85636 during past 22 hours were stopped out by the giant bar +1 that broke above SMA21 line. Sellers who entered short positions below 0.85977 during past 22 hours were also stopped out by this breakout.
- A buy long position sent at 0.85947 or below during the next bar could have returned at least 10 pips within 2 hours.
This blog collects historical chart markings of stock, forex and cryptocurrency trading opportunities. The best way to learn trading is to do lots of chart markings every day.
Tuesday, July 6, 2021
20210701 15.00 EURGBP trading.
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