As we can see from the chart the price is currently at the top forming the double top pattern. We already have some signs of rejection at the level with shooting star candlesticks on the dailychart. Can we be facing a big downward movement? We will see.
Note
We could be facing a 1.5k pips movement downward. Forgot to say that.Note
We down 100 pips already... lets see!Note
We down 200 pips now! Lets go :)
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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.