- Tue 20210706 14.00 EURUSD 1h (see AI settings here).
- SMA21 was rising slightly.
- Price moved above SMA21 rapidly in continuous 5 green bars. Sellers who entered short positions below 1.18950 during past 20 hours were stopped out.
- At 14.00 hours, the -1 bar strongly shot down and closed below yesterday's high. SMA21 also moved downward.
- A sell short position sent at 1.18721 or above 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.
Wednesday, July 7, 2021
20210706 14.00 EURUSD trading.
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