Hello traders. Today on EURUSD we have very nice structure based short opportunity, that is double top. We see that price tested the structure resistance and now, if the price retests the structure level @1.1243, but doesn't close above the resistance, we should go short on NBM. Besides there are very good confluences here:
Left top is overbought Bearish divergence is going to form Very nice resistance, look left Fibs 61.8 of AB leg
Our profit target will be the Green Zone which is 38.2 fibs of CD leg and 61.8 fibs of BC leg. Besides we have weekly PP up there.
So, get ready to sell EUR. ------------------------------------------------------------------------------------------ ATTENTION: Very soon, High cashback service will be launched for you traders. Follow me, in order to be informed as soon as we are ready to offer you the best and transparent rebate services from leading forex brokers. Besides, you can PM me which brokers you would like to be under our list. And reserve your sits, before the launch of the service. Don’t forget -Every Cent Counts-
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