EURUSD is decelerating while approaching the resistance level.
If price action prints a double top, the market might retrace from this level. On the 4-hourly timeframe, the market is in overbought territory.
We anticipate a short-term bearish move; all confluences indicate that the price may pullback. It is going to be a structure-based trade.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
If price action prints a double top, the market might retrace from this level. On the 4-hourly timeframe, the market is in overbought territory.
We anticipate a short-term bearish move; all confluences indicate that the price may pullback. It is going to be a structure-based trade.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
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