EURUSD is stalling after an active rally. The price has tested the resistance of the range, making a false break of the strong line and forming a pattern "Double Top".
The price is in an uptrend, but within the framework of this movement a stop is formed and a transition into the phase of sideways flat. The resistance is tested and now the price needs additional liquidity, which is behind the support.
The double top defines the potential for the near future
I expect reduction in price, the currency pair passes down through the local density zone and consolidates under it - sellers start to build the situation. Short-term target for the sale - support 1.07250, medium-term target - 1.06000
Regards R.Linda!
The price is in an uptrend, but within the framework of this movement a stop is formed and a transition into the phase of sideways flat. The resistance is tested and now the price needs additional liquidity, which is behind the support.
The double top defines the potential for the near future
I expect reduction in price, the currency pair passes down through the local density zone and consolidates under it - sellers start to build the situation. Short-term target for the sale - support 1.07250, medium-term target - 1.06000
Regards R.Linda!
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Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
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🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
Publications connexes
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.