Weekly Timeframe is going to form a Double Top formation
Price expected to fall from 1.43150 (around that area) - at the moment, it will continue to rise because it has bounced off trendline
300+ pips is the reward if it touches trendline
Reward 1:7 in the long run
Price expected to fall from 1.43150 (around that area) - at the moment, it will continue to rise because it has bounced off trendline
300+ pips is the reward if it touches trendline
Reward 1:7 in the long run
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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.