As a trader, I am a big fan of double tops and double bottoms. I feel its always worth the risk because of the great risk reward ratio. I have posted two buying options. The first one is an aggressive approach in getting into the market with a decent size stop-loss. The second buying option is to try to get a better price and to reduce your risk and to increase the reward. For now, I am bearish biased and neutral as I do not want to place any trades at this time. If 1.046 breaks, I'd continue to short the Euro.
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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.