-Market is at has broken resistance level but has not tested.
-Market may be rejected by resistance to form a double top (M shape)
-If 14:15 interest rates news are positive on the Euro, we will have to take a long position, to which it may come to retest the new support after some time, confirming the long position.
-If the markets for a double bottom, it means we have tested the resistance level at a second rejection. We would then have to short that position.
-Market may be rejected by resistance to form a double top (M shape)
-If 14:15 interest rates news are positive on the Euro, we will have to take a long position, to which it may come to retest the new support after some time, confirming the long position.
-If the markets for a double bottom, it means we have tested the resistance level at a second rejection. We would then have to short that position.
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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.