Weekly Chart Analysis by Adewale Adeleke – July 15th to 19th, 2019.

Spread the love


It formed a larger tailed bar last week,which has eventually rallied up to key resistance zone @ 0.67020-0.6728. We are anticipating a bearish retest of the tailed bar within 0.65844-0.66030 zone in the near term.


The bearish rally continue after failed pin bar on Thursday last week.Next support zone is @ 106.778.


The bearish moves started by the large bearish pinbar continues .We anticipate a retracement within the 50% zone of the large pinbar to gives us a better Risk-Reward ratio

Leave a comment

Minimum 4 characters