InvestMate|EUR/USD Triple Top Trap?💶💵

💶💵EUR/USD Triple Top Trap?


💶💵This post is a direct continuation of my previous post in which I predicted a fall in price.

💶💵As you can see the price is still struggling around the recent peaks.

💶💵My scenario remains unchanged, I still think we are in for a downward correction.

💶💵Looking at the fact that we have made a triple top and the price clearly does not have the strength to go further up, inferring from the last two candles.

💶💵I believe we are in for a decline from current levels.

💶💵My scenario is also confirmed by the MACD which shows divergence on the histogram. Clearly a lower peak on the price, a higher peak on the histogram bars. This is a downward signal

💶💵The target remains unchanged, it was set in the previous post.

💶💵The resistance zone remains around the recent peaks.

💶💵The scenario I am playing out is a decline to the levels of the support zone set previously. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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