EURUSD Potential double top.
Price retested the structure of 1.1427
on last friday-- the NFP and formed a pin bar.
Buyer failed to push the price higher than the first top
which shows the bullish momentum is exhausted.
what we can do is to trade this potential 2nd top.
With SL above 1.1450 and aim for a drop to 1.1312
and 1.1220
Price retested the structure of 1.1427
on last friday-- the NFP and formed a pin bar.
Buyer failed to push the price higher than the first top
which shows the bullish momentum is exhausted.
what we can do is to trade this potential 2nd top.
With SL above 1.1450 and aim for a drop to 1.1312
and 1.1220
Trade active:
Trade closed: stop reached:
breaks 1.1450,hit SL.