The pair is on the top of a weekly triangle pattern. On the daily timeframe, made a bearish channel pattern, giving some confirmation that the price could drop. On the 1H timeframe we got a potential formation of a double top pattern.
We will wait for the complete formation and break out of the patterns to enter a short trade
And for a long trade we will wait for a close above the triangle pattern. and some structures and confirmations to buy it
Fore the full analysis, educational content and quality signals contact us on
Telegram: FedericoGallo - @MrFlawlezz
Instagram: Forex_Society
We will wait for the complete formation and break out of the patterns to enter a short trade
And for a long trade we will wait for a close above the triangle pattern. and some structures and confirmations to buy it
Fore the full analysis, educational content and quality signals contact us on
Telegram: FedericoGallo - @MrFlawlezz
Instagram: Forex_Society
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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.