Double top formed and the pair retreated.
Bearish Divergence on RSI (further to fall possible)
1H chart currently showing confluence with 20ema
Sell entry 1 = 1.0860/70 strength
Sell entry 2 = Break of low 1.0826
Target 1 = 1.080
Target 2 = 1.0763
Looking to buy around same area for move back up to 1.10786
Bearish Divergence on RSI (further to fall possible)
1H chart currently showing confluence with 20ema
Sell entry 1 = 1.0860/70 strength
Sell entry 2 = Break of low 1.0826
Target 1 = 1.080
Target 2 = 1.0763
Looking to buy around same area for move back up to 1.10786
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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.
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.