Ok so EURUSD already broke down that trendline, it almost re-tested it thrice, we can't say that's a double top because it passed through the trendline again and came back in, but I also see what could be a mini head and shoulders forming there.
Since it already reached a .618 Fibs retracement... I would expect a BEARISH scenario, but I need it to confirm its' intentions before making a decision.
Any opinions on this?
Since it already reached a .618 Fibs retracement... I would expect a BEARISH scenario, but I need it to confirm its' intentions before making a decision.
Any opinions on this?