I will be looking for EURUSD Short for the following reasons:
1. Potential Double top
2. Ascending Channel (Reversal structure) to complete the third touch.
3. Will wait for the price to do either of these: break and close back in into the structure and form a LTF reversal pattern at the level.
1st Target: 1.09610
2nd Target: 1.07131
Comment:
I will potentially take a long trade on EU before capitalizing on the potential Dollar strength in the coming week.
Disclaimer: This is not a trade signal, and must not be taken as such.
1. Potential Double top
2. Ascending Channel (Reversal structure) to complete the third touch.
3. Will wait for the price to do either of these: break and close back in into the structure and form a LTF reversal pattern at the level.
1st Target: 1.09610
2nd Target: 1.07131
Comment:
I will potentially take a long trade on EU before capitalizing on the potential Dollar strength in the coming week.
Disclaimer: This is not a trade signal, and must not be taken as such.
