EURSEK has been forming a double top pattern since last week with additional confluence of rsi divergence and has started trading lower. If the sellers can gain momentum and break the neckline area we could be looking at a very good short opportunity.
Comment:
Price has broken neckline area with a high momentum candle.
Comment:
A new candle has formed after the high momentum candle we saw last week. Let us observe and see how this new candle closes.