EG on double top weekly setup, and daily bearish triangle formation, price expected to range for some time before making its way to the lower support on the weekly range band. sl = 0.91200
about 1:6 ratio, see tp as partial exits till the end of the range support.
EG has broken heavily to the upside and once again is testing the highs of 2017, price could still surge to 0.91000 range , but if a bearish engulfing daily candle close presents , will be seeing major push to the downside.
This market is presenting a bearish wedge on daily and could break and retest if techs present merit.
EG head and shoulder H4, this is a really choppy pair in its nature, hardly any definitive directional trend.
Price met resistance at what may be the formation of the 2nd shoulder at the same height as that of the first.
It is not a high probability setup, but may prove to be meaningful, as price moving to the upside after having broken the descending weekly ...
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