Hi!
Pattern Structure
A clear Double Top formed between June–Oct 2025 around 1.3750–1.3850, showing strong rejection.
The neckline at 1.3050–1.3070 has been tested several times, confirming it as a key support. 🔎
Trend & Momentum
Price is sliding inside a descending channel since October ➡️ lower highs + lower lows = continued bearish pressure.
Key Levels
Expected Scenario
If price rejects the trendline again, a continuation toward 1.2820 is likely.
Only a strong recovery above 1.3250 would weaken the bearish setup. 🚫
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
Pattern Structure
A clear Double Top formed between June–Oct 2025 around 1.3750–1.3850, showing strong rejection.
The neckline at 1.3050–1.3070 has been tested several times, confirming it as a key support. 🔎
Trend & Momentum
Price is sliding inside a descending channel since October ➡️ lower highs + lower lows = continued bearish pressure.
Key Levels
- Neckline: 1.3050 ⚠️
- Pullback zone: 1.3150–1.3200 (potential retest)
- Flip Area / Target Zone: 1.2820–1.2850, a major S&D level acting as the double-top target🎯
Expected Scenario
If price rejects the trendline again, a continuation toward 1.2820 is likely.
Only a strong recovery above 1.3250 would weaken the bearish setup. 🚫
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
액티브 트레이드
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
📊 AVATrade Ambassador Join & explore:
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
avatrade.com/trading-account?p=Webtrader&tag=220256
-----------------
🟢 Telegram channel: t.me/melikatrader94
🔴 Forex channel: t.me/melikatrader94GoldForex
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.