Wait for clear entry point with double top confirmation
We are at a perfect resistance area for a possible +150 pip profit sell trade.
A nice double top is almost completed to confirm a sell however due to market open manipulation we may see a retest at126.600 for a reset sell off.
MACD is making a cross through signal close to the zero line. A retest of 126.600 would creat divergence to set MACD and signal for a beautiful cross and through the 0 line.
Look closely at my mapped key levels. A great swing trading set up between highs and lows.
Please comment with any thoughts or added ideas! Thank you!
A nice double top is almost completed to confirm a sell however due to market open manipulation we may see a retest at126.600 for a reset sell off.
MACD is making a cross through signal close to the zero line. A retest of 126.600 would creat divergence to set MACD and signal for a beautiful cross and through the 0 line.
Look closely at my mapped key levels. A great swing trading set up between highs and lows.
Please comment with any thoughts or added ideas! Thank you!
Trade closed: stop reached:
That support held mighty strong.