EUR / USD: The EUR / USD is consolidating in
the context of a downtrend.
USD / JPY: There was a rally on this currency trading instrument on Tuesday — which happened in
the context of a downtrend.
In the example below, we can see a long - tailed pin bar that occurred within
the context of a downtrend in the EURJPY.
Within
the context of this downtrend resistance line, price has made several breakdowns of both short - term uptrend support lines and horizontal support...
Not exact matches
They key here is the
context in which this pattern is formed (uptrend or
downtrend), and the direction
of the pierce in relation to that
context.