JulianMcKay
Short

EUR/USD Double Top

FX:EURUSD   Euro Fx/U.S. Dollar
450 3 4
A clean double top has formed along side the many bearish signals we have been getting for the past week. Really good risk reward with this one.

Update: first target hit, have not yet been stopped out.
99nines
2 years ago
I see you've drawn a line at the last to tops on RSI... why? I see no divergence there.
Reply
JulianMcKay 99nines
2 years ago
Before the double top formed, I had the RSi highlighted as I was was forseeing the potential of price breaking the previous high, shouldn't have left it on.
Reply
Coordinator
2 years ago
Also, still above the 50-day EMA. On the hourly base I was expecting downtrend.
Reply
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