Hello all,
I spotted this double top on the EUR/AUD 240, Although the market is ranging sideways, to the left of the chart you will notice a double bottom 8 candles apart, This time frame was repeated beautifully reaching the climactic top before Monday's Gap open. So here I am looking for a repeat however in reverse with a 9 Candle Repeat. My modified pitchfork is also pointing at the same time period. This pitchfork may be respected in price however I we will have to watch and see....As of writing my bias is from bearish to bullish.
Sincerely,
TIK
I spotted this double top on the EUR/AUD 240, Although the market is ranging sideways, to the left of the chart you will notice a double bottom 8 candles apart, This time frame was repeated beautifully reaching the climactic top before Monday's Gap open. So here I am looking for a repeat however in reverse with a 9 Candle Repeat. My modified pitchfork is also pointing at the same time period. This pitchfork may be respected in price however I we will have to watch and see....As of writing my bias is from bearish to bullish.
Sincerely,
TIK
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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.