Hello Traders
Here in EURUSD we have a couple of points that have become known!
First of all, slightly messy but we have a "W" formation showing and ending on the resistance shown at 1.099
What does this mean??
We'll likely see a downward spike, possibly even touchdown on resistance before it starts making another upward push because once it comes down, it's likely to form an inverted H&S!
Follow me for updates during the week and join the discussions on Telegram with "Quickpips Free Chatgroup" - I'll put the link on my status! :)
Happy trading
Roo :)
Please remember I am a hobby trader, this is not financial advice and any losses or gains are your own!
Be sure to like and comment on the chart and follow me on trading view.
Here in EURUSD we have a couple of points that have become known!
First of all, slightly messy but we have a "W" formation showing and ending on the resistance shown at 1.099
What does this mean??
We'll likely see a downward spike, possibly even touchdown on resistance before it starts making another upward push because once it comes down, it's likely to form an inverted H&S!
Follow me for updates during the week and join the discussions on Telegram with "Quickpips Free Chatgroup" - I'll put the link on my status! :)
Happy trading
Roo :)
Please remember I am a hobby trader, this is not financial advice and any losses or gains are your own!
Be sure to like and comment on the chart and follow me on trading view.