So was a little bit early on my entry as we moved almost 55 pips higher!
But what we have seen is the pair come back up into recent highs and form a Double top. This are is well into the oversold area of the RSI
How there are 2 possible outcomes we could come back down to the 0.77743 level and bounce
or
If we break structure there is a possible 2618 set up, which given the previous lower support I see this as an area to watch
But what we have seen is the pair come back up into recent highs and form a Double top. This are is well into the oversold area of the RSI
How there are 2 possible outcomes we could come back down to the 0.77743 level and bounce
or
If we break structure there is a possible 2618 set up, which given the previous lower support I see this as an area to watch
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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.