EUR/USD – Bearish Engulfing Candlestick on The Weekly Chart.

2019-11-26 20:34:31

On the weekly chart, we can see how the candle from 2 weeks ago has ended as a bearish engulfing candlestick.
It indicates that the long term bearish momentum is still continuing.
On the H1 chart, we can see a fresh supply above which is a great level to sell and join the long term bearish momentum.
I'll sell at this supply and the target will be 1.0700 zones.