After hitting target 1 yesterday for 180 pips and then being stopped out for trailed stops, We can now look at more opportunities to get involved with shorting this market.
You can see that we have a Fibonacci Inversion set up at previous structure support should become resistance. We also have Fib Confluence and you can see market putting in a double top (retest of structure) showing Bearish divergence on the RSI.
For Advanced pattern traders, there is a BAT pattern up at 131.74 lining up with an ABCD pattern.
Great session in the London Live room today. Look forward to tomorrow.
Thanks. We spotted this during our analysis in the live room this morning. Feel free to join us in there when you get time!
Whufan
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Hi Jason. Thanks for your regular updates interesting as usual! I am based in Kent and would love to meet up with you! I have something really interesting to show you! Mail me on neilhansen52@gmail.com it will be well worth your time! Regards Neil