This pair is forming an unbeatable H&S pattern for bearish confirmation. Reaching and getting a rejection from resistance at D1, creating a double top from the weekly domain give enough evidence to the downward movement to be experienced in this pair.
Further confirmation before a short order is required, such as break and re-test of the supply zone (pattern neck)
The order:
Type: sell-limit
S/L: 90 pips - R:R | 1:3 -
T/P: demand zone
--
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Further confirmation before a short order is required, such as break and re-test of the supply zone (pattern neck)
The order:
Type: sell-limit
S/L: 90 pips - R:R | 1:3 -
T/P: demand zone
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
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TWITTER
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FACEBOOK
facebook.com/ogfxtrader
INSTAGRAM:
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twitter.com/ogfxtrader
facebook.com/ogfxtrader
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.