The market has borken through the starting point of last rise and the double top has formed.
Meanwhile the market is pulling back the neckline which is also the 0.618RET of the previous drop.
So it is good to sell at 1.091-1.092 levels when the price action gives signals in the PRZ.
SL:above 1.095
TP1:1.085
TP2:1.083 and further more
Meanwhile the market is pulling back the neckline which is also the 0.618RET of the previous drop.
So it is good to sell at 1.091-1.092 levels when the price action gives signals in the PRZ.
SL:above 1.095
TP1:1.085
TP2:1.083 and further more
Trade active
Note
Thanks to Mario Draghi's talk, President of European central bank,TP1 reached in a short time.
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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.