Ok time to explain why the eur dollar has the most meaningful price action.
On the monthly I want you to focus on this candle here and the extents of it wicks
Now what this candle did was stopped everyone out the trade.. getem outta here!
But most importantly and what is meant for price.
Now if you you’re a studious follower you’ll know how powerful this legged pattern is and how to effectively trade it
But let’s understand the power behind the move here
As IMO it’s the most potent of patterns forget the hammer. This is the real deal
Why?
Well first like all patterns it’s it’s placement in price
So it was made in a downtrend
Now these candle means that it was a fight for the right
And since their wasn’t any victor but an agreement! Meaning at the round table during that time Both parties agreed the euro was too cheap! Now that’s a power understanding and agreement. So we are saying the bulls and bears and all elites that are responsible for price movements collectively agreed that the euro was too cheap.
So now how far will the agreement last for 😌 idk but I doubt at our current level
HOW TO TRADE LIKE THEM-
You don’t have to like or follow but you’ll remember!
💎
On the monthly I want you to focus on this candle here and the extents of it wicks
Now what this candle did was stopped everyone out the trade.. getem outta here!
But most importantly and what is meant for price.
Now if you you’re a studious follower you’ll know how powerful this legged pattern is and how to effectively trade it
But let’s understand the power behind the move here
As IMO it’s the most potent of patterns forget the hammer. This is the real deal
Why?
Well first like all patterns it’s it’s placement in price
So it was made in a downtrend
Now these candle means that it was a fight for the right
And since their wasn’t any victor but an agreement! Meaning at the round table during that time Both parties agreed the euro was too cheap! Now that’s a power understanding and agreement. So we are saying the bulls and bears and all elites that are responsible for price movements collectively agreed that the euro was too cheap.
So now how far will the agreement last for 😌 idk but I doubt at our current level
HOW TO TRADE LIKE THEM-
You don’t have to like or follow but you’ll remember!
💎
