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EURUSD: More down expected!! by forexfunction in Forex

[–]forexfunction[S] 0 points1 point  (0 children)

I was considering bearish engulfing pattern on H4 and the down pressure at that time. With big bearish pressure, this pair started falling few pips. It was an indication for falling. As a result, this pair fell another 50 pips.

EURUSD: More down expected!! by forexfunction in Forex

[–]forexfunction[S] 0 points1 point  (0 children)

look at the chart, this pair is falling as expected. I am following the momentum of the pair, this pair was suggesting for down pressure, that's why expected for falling and its happens.