There is money above the double top formed there. Wait for volume to break above it. If there is a volume down following the volume up, then my arrows should be right and we should go for a short on EURUSD.
Look for volume breakout in both directions as my red and blue candle rectangle shows. if that happens, we've got a short position coming in days to come.
I am looking for a 38.20/61.8 depending how you drew your fib. But one thing for sure.. when markets close (the London session). Price will probably adjust and reach price 0.6985 when Sidney session re-opens. But let's see if we will have an engulfing candlestick or a doji, evening star, three white soldiers and so on. Top down multi-frame analysis guys. From H4...
Guys ...Be on the look out for the outbreak of this ascendant triangle. Got it from a signal but do your due diligence first and wait for false breakout/breakout and re-test for insurance.
