Following bullish three point correction wave on 4H
pair has put in clear double top , with bearish divergence on RSI . Price action has already broken below structure support signaling further decline. Im looking for price to pull back to broken support at 0.69000, which also happens to be 38.2% Fib Retracement. ATR based stops above the double top .
pair has put in clear double top , with bearish divergence on RSI . Price action has already broken below structure support signaling further decline. Im looking for price to pull back to broken support at 0.69000, which also happens to be 38.2% Fib Retracement. ATR based stops above the double top .
Trade closed: target reached
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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.