Massive drop in #EURUSD! 💥
The 3-month support level has broken.
The 1.1400 level gave way = 'Bears' have taken control of the market 🐻
Who was buying at the support? Liquidity has been swept ✅
Next target: 1.1200 💥
The 3-month support level has broken.
The 1.1400 level gave way = 'Bears' have taken control of the market 🐻
Who was buying at the support? Liquidity has been swept ✅
Next target: 1.1200 💥
Time frames matter in trading!
Did you know? The same price movement can create different candlestick patterns depending on the time frame!
➡️5-Minute Candles Breakdown:
Three 5-minute candles form an evening star, which is a strong bearish reversal pattern. This pattern suggests a potential trend change from bullish to bearish.
➡️15-Minute Candle Equivalent:
These three 5-minute candles combine to form a single 15-minute candle that resembles an inverted hammer or shooting star, which also signals a potential reversal.
📌 Key Points:
The same price action can look different depending on the time frame, which reinforces why traders should analyze multiple time frames before making decisions!
Did you know? The same price movement can create different candlestick patterns depending on the time frame!
➡️5-Minute Candles Breakdown:
Three 5-minute candles form an evening star, which is a strong bearish reversal pattern. This pattern suggests a potential trend change from bullish to bearish.
➡️15-Minute Candle Equivalent:
These three 5-minute candles combine to form a single 15-minute candle that resembles an inverted hammer or shooting star, which also signals a potential reversal.
📌 Key Points:
The same price action can look different depending on the time frame, which reinforces why traders should analyze multiple time frames before making decisions!
Alys Trading
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Contact Admin: @alystrading
Strategies: SMC + ICT
Scalping Signals
Swing Trading Signals
Gold Trading Signals
Join now for accurate and profitable trading signals
If you’d like to verify anything or have questions, feel free to message me on Telegram👇
Contact Admin: @alystrading