ON EUR/USD THERE IS A GREAT CHANCE TO WAIT FOR DOUBLE TOP ON A ABCD PATTERN.
YOU CAN EITHER WAIT FOR THE DT AND SELL AT 1.13530 OR WAIT LATER ON FOR THE CHART TO MAKE A SUPPORT TURN INTO THE RESISTANCE ON THE WAY DOWN.
HAPPY TRADING GUYS!
YOU CAN EITHER WAIT FOR THE DT AND SELL AT 1.13530 OR WAIT LATER ON FOR THE CHART TO MAKE A SUPPORT TURN INTO THE RESISTANCE ON THE WAY DOWN.
HAPPY TRADING GUYS!
Note
Note
Double top was completed, we have entered aggressively at 1.13521 and went short for the profit target at 1.12593.We just hit our target, almost did not get there but got filled at the end, for those of you who did not entered aggressively, wait for the retracement of the last leg to the 61.8 level, for a valid 2618 pattern and then go short, if this condition is not met then I would suggest not entering the trade.
GOOD LUCK LADS!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.