Expect the current bearish sentiment to continue to 61.8 on The Fib support zone, possibly we see a break through support onto the bullish trend line (78.6) which will turn the pair as the Bulls make there move
Trade active
The daily going exactly as planned
Trade closed: target reached
Note
A double top is starting to form, i would expect the resistance line to be touched before of course the pair resumes its path to Bear Island.. Wait for the signal to be lit before you short your Mama's pearl earrings..
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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.