DislikedThis is true diamond.
Pipeasy thread
Hello, cfabian.
Agree with you that last week had a medium-strength bullish PA on EU (and very bullish on some other correlated pairs, NU, GU and AU) and bearish on UCHF.
So far I see guys want to play counter-trade trades, while waiting when bullish PA on EU will be happening on H4 at 50%, 61.8% of last week fibo levels.Ignored
NOMASK: An important question for you... If you see last weeks EURUSD, the weekly candle although has bigger body than its predecessor, it didn't go any higher than it, and according to my understanding of "engulfing" it is not "engulfing" any of the previous 2 candles. Would you still consider this as a valid long signal? Or you would prefer it engulfing previous, or at least breaking previous's HH? Thanks