EURUSD got rejected on Resistance (1) forming a Double Top.
With the medium term pattern being a Bullish Megaphone, this rejection technically aims at the bottom of the pattern.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 1.0650 (Support 2 and bottom of Bullish Megaphone).
Tips:
1. The MACD (4h) just formed a Bearish Cross, which is a confirmation of the sell signal.
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Notes:
Past trading plan:
With the medium term pattern being a Bullish Megaphone, this rejection technically aims at the bottom of the pattern.
Trading Plan:
1. Sell on the current market price.
Targets:
1. 1.0650 (Support 2 and bottom of Bullish Megaphone).
Tips:
1. The MACD (4h) just formed a Bearish Cross, which is a confirmation of the sell signal.
Please like, follow and comment!!
Notes:
Past trading plan:
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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.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
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.