Hi guys,
very simple setup. On EURUSD we've recently created a double top on the daily chart and price has broken to the downside, giving us reason to believe it's headed lower (RSI divergence is also supporting that). Although the price has increased very rapidly over the last hours, i'm still incline to sell this market and i've also found a valid entry point, that is the D point of the Bat pattern that's on the lower timeframe (4H and 1H). Sold at the D point, with stops above X and targets as shown on the chart.
If you have any idea/question, feel free to comment below.
Otherwise, see you in the next chart!
very simple setup. On EURUSD we've recently created a double top on the daily chart and price has broken to the downside, giving us reason to believe it's headed lower (RSI divergence is also supporting that). Although the price has increased very rapidly over the last hours, i'm still incline to sell this market and i've also found a valid entry point, that is the D point of the Bat pattern that's on the lower timeframe (4H and 1H). Sold at the D point, with stops above X and targets as shown on the chart.
If you have any idea/question, feel free to comment below.
Otherwise, see you in the next chart!
코멘트:
Targets moved with Fibonacci. New targets:
거래청산: 타겟 닿음:
First target hit!
거래청산: 타겟 닿음:
Second target hit!