I've been seeing this setup, I've been vary cautions but here's what I'm seeing.
First thing first, this is a bearish market and we have the EMA serving as resistance.
Market came back to retest the 1.765 Zone and as you can see on the daily timeframe; Price gave us an evening star.
H4 has a double top!
H1 is clearer in terms of the double top which I will post later in the comments.
Like and Share!
First thing first, this is a bearish market and we have the EMA serving as resistance.
Market came back to retest the 1.765 Zone and as you can see on the daily timeframe; Price gave us an evening star.
H4 has a double top!
H1 is clearer in terms of the double top which I will post later in the comments.
Like and Share!
Note
Note
Note
^^^^^^ Double Top on H1Trade closed manually
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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.