So i know most traders have posted their analysis on this pair throughout the last week or two so i thought id throw up my own.
I got in just under the 0.75 even handle after the break and retest of the double top neckline, I could of got a better entry if i entered on the break and retest of the CTL which also created the Double Top but to be honest i missed it!
First Target has nearly hit but ill be taking this down to target 2 which is D1 at the 0.70000 even handle
Obviously some great confluences on this pair ill just list them below
I got in just under the 0.75 even handle after the break and retest of the double top neckline, I could of got a better entry if i entered on the break and retest of the CTL which also created the Double Top but to be honest i missed it!
First Target has nearly hit but ill be taking this down to target 2 which is D1 at the 0.70000 even handle
Obviously some great confluences on this pair ill just list them below
- Weekly Engulfing/ Bearish Marabozou
Daily Marabozou
CTL Break ( and retest )
Double Top
61.8 Fib Level
MA's still converged (plus just crossing on the Daily)
New Lower Low (indicating end of previous Counter trend)
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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.