Description
⋅ EURUSD King's Crown formation pattern. We are ready for another sell.
1. Broken Up trend line
2. Lower Low Created
3. Right Tip hit at Resistance level
4. RSI in sell zone
Sell @ current price area of 1.1780
TP 1 @ 1.1687
TP 2 @ 1.1620
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Comment
⋅ EUR rallying fairly hard yesterday and today. If we have a head break, this will invalid downwards movement.
Comment
⋅
Price looking to head to retest larger up trend line back into the Resistance area. I have a pending sell at that level to ride this pair down.