I'm looking at 4H and Daily chart EUR/GBP at the moment, we reached an important key level, price is moving around this level since a while but it is struggling to get past it.
The daily trend line was broken for the second time, after a scholastic pin candle, you could find examples like this in trading books.
I got into the trade right after the pin candle but it was risky, entering with a confirmation candle would be much wiser.
I think Euro will get weaker this week and I am sure this price is showing it reached a limit. If Great Britain doesn't send any important and bad Macro news it will go down.
The daily trend line was broken for the second time, after a scholastic pin candle, you could find examples like this in trading books.
I got into the trade right after the pin candle but it was risky, entering with a confirmation candle would be much wiser.
I think Euro will get weaker this week and I am sure this price is showing it reached a limit. If Great Britain doesn't send any important and bad Macro news it will go down.