ovqlt

February 22 2021 Possible double top before bull resumption.

Short
ovqlt Updated   
FX:EURUSD   Euro / U.S. Dollar
After hitting the low for the day prices bounced up in a parabolic wedge formation 3 sudden pushes up. and has stopped on the resistance level right below a possible neckline of the a head and shoulders top. Market seems to be in a Trading Range and has formed a double top with yesterdays high and a micro double top. Expect to go down perhaps till the open of todays bar before going possibly going up
Trade active:
will get out of trade at break even if prices do not break through 1.2360~ support level
Trade closed: stop reached:
Need to improve entry level
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