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FX.co ★ murl02 | Candle Chronicles: Documenting Your Forex Journey!

Candle Chronicles: Documenting Your Forex Journey!

Candle Chronicles: Documenting Your Forex Journey!

Candle Chronicles: Documenting Your Forex Journey!

Today another weekly July session opened, the opening level of the weekly candle = 1.3383. The opening came with a surprise, a gap down. Up to now the trading is going on around the opening level and the gap has not yet been closed. Today a low was set at 1.3365; whether it will be the low of the week, I don’t know. According to my tools, the weekly low will be around 1.3360, i.e. the downside move for the week is not over yet, but the D1 candle may well keep this low and the price can calmly go to close the gap.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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