PD. i chose the inverse entry tool for SL and TP but the idea is clear
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After a bullish correction the price formed a double top.
Then began a bearish move breaking the trendline
Now has rejected from the base of the double top and the trendline.
We have alson a 55 EMA acting as resistance.
The fact the price closed below the important psycho level 1.3000 level gives me another confirmation to take a short.
Regards.
*********************************************************
After a bullish correction the price formed a double top.
Then began a bearish move breaking the trendline
Now has rejected from the base of the double top and the trendline.
We have alson a 55 EMA acting as resistance.
The fact the price closed below the important psycho level 1.3000 level gives me another confirmation to take a short.
Regards.