AlkalineFX

EURUSD - Selling Trap

FX:EURUSD   Euro / U.S. Dollar
I don't remember the last time I ever saw a triple top and I also don't remember the last time the markets didn't manipulate these types of formations. The sentiment is heavy on sellers so I can only assume a last wave of buyers wiping out stops and creating liquidity will come before we see a significant sell off on EURUSD, keep your eye on the DXY.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.