We are at the crossroads .. the pairs will go up or not?
This is a good question .. because the macro information give us a long vision for the next days but in this momente we are in double top .. so there are two possibilities from my point of view
1) up - break of double top and go up until the next resistence area for a new big double top then go down to complete the short structure
2) down - this double top give resistence and pairs go down directly to complete the short structure
if will open trade position take care this possibilities with a correct SL
This is a good question .. because the macro information give us a long vision for the next days but in this momente we are in double top .. so there are two possibilities from my point of view
1) up - break of double top and go up until the next resistence area for a new big double top then go down to complete the short structure
2) down - this double top give resistence and pairs go down directly to complete the short structure
if will open trade position take care this possibilities with a correct SL
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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.