The Weekly Review

It has been a very bumpy ride for me this week as there were huge up swings and down swings. Last night has the biggest volatility! But most importantly is to spot the action-reaction of these movements. Sometimes it appears on the 1hr, 4hr, daily. Even at most critical movements can be spotted in the 1min, 5 min charts.

Looking at the Euro, we had big movements last night. In the end we got 2 pinbars formed. This is a rejection of price and it looks bearish. EUR/USD had touched it's resistance last week so now it's going down. British pound is also looking bearish on it's daily. It seems to be a good risk reward factor.

Ezion has been on a good rally for the past few months. Now will it reverse and fall or the BBs will keep pushing it up?