61.8 retracement Structure support confluence Number of indecision dojis printed Trend line interaction
Price has been in a strong up trend structure. We have failed to make new highs. price has also formed a double top and rising wedge formation. I have taken an aggressive entry at 0.76762 in the form of a short trade in anticipation of a short trade. Short term i am looking for a target that is the height of the wedge but i believe that if the previous outside...
Bigger triangle pattern Smaller formed recently Double top USD strength signifying it will go down some more Aggressive entry at the top of the pattern
Doji + bearish hammer formed. Downtrend 0.236 fib confluence