EURUSD Double Top - Short
Updated
Possible Trend Reversal with recent Double Top
Short on bounce off of Previous S/R
This feels like it could go either way, definitely need some confirmation before entry.
But when it goes, I predict it will take off for a nice little run.
Flag suggests more upside, but we have two tests and pretty reliable resistance,
so possible third test and failure could occur.
For now, Double Top suggests a reversal.
Need to see a solid move and break of Previous S/R and trends lines early in the week.
Watch news events for a catalyst.
Short on bounce off of Previous S/R
This feels like it could go either way, definitely need some confirmation before entry.
But when it goes, I predict it will take off for a nice little run.
Flag suggests more upside, but we have two tests and pretty reliable resistance,
so possible third test and failure could occur.
For now, Double Top suggests a reversal.
Need to see a solid move and break of Previous S/R and trends lines early in the week.
Watch news events for a catalyst.
Order cancelled
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.