Hey tradimaniacs,
welcome to the weekly preparation of EUR/USD.
Looking at the DAILY and 4-h Chart you can clearly see a continuation of a tripple-top-pattern as textbook describes.
After a break below the first Trendline (b) which was caused due to bullish weakness which caused euqal tops
we`ve seen the first weak rejection right at the Neckline of this pattern.
After the Breakout I was just a matter of time until the market retests the Neckline to follow this pattern.
I expect the market to retest the price-zone near 1,10400 - 1,10500 before we continue the downtrend until the Target-Zone of 1,0098.
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
welcome to the weekly preparation of EUR/USD.
Looking at the DAILY and 4-h Chart you can clearly see a continuation of a tripple-top-pattern as textbook describes.
After a break below the first Trendline (b) which was caused due to bullish weakness which caused euqal tops
we`ve seen the first weak rejection right at the Neckline of this pattern.
After the Breakout I was just a matter of time until the market retests the Neckline to follow this pattern.
I expect the market to retest the price-zone near 1,10400 - 1,10500 before we continue the downtrend until the Target-Zone of 1,0098.
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Note
Note
Note
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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.