EURSGD video top-down analysisHello everyone, here is the top-down analysis for EURSGD, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!
EURSGD
EURSGD potential bearish reversalon DAILY: EURSGD is sitting around a resistance zone in blue so we will be looking for objective sell setups on lower timeframes.
unless price breaks it upward aggressively, then a bullish movement till our next resistance in purple would be expected.
on H1: this pair formed an objective trendline in red, and it is now forming a double top pattern.
So we are waiting for a momentum candle close below our last swing that forms around our red trendline to sell EURSGD.
meanwhile, EURSGD would be overall bullish.
