EURAUD. Nice double top on a weekly chart
Hey traders!
Good double top constituted by two pin bar in the top of the movement. The last time the currency pair reached the 1.53 zone declined, and now in 2015 tested the zone again and declined, as well. The double top has been well built, as the second maximum, at least, reached the highest close of the first maximum.
What I expect is a bearish move to 1.44 area.
- Risk/reward ratio: 2
- First target in 1.47 zone, if this zone is reached by te price, partial close of the position and move the SL to breakeven.
What do you think guys?
Good trading to all!
Thanks!
Good double top constituted by two pin bar in the top of the movement. The last time the currency pair reached the 1.53 zone declined, and now in 2015 tested the zone again and declined, as well. The double top has been well built, as the second maximum, at least, reached the highest close of the first maximum.
What I expect is a bearish move to 1.44 area.
- Risk/reward ratio: 2
- First target in 1.47 zone, if this zone is reached by te price, partial close of the position and move the SL to breakeven.
What do you think guys?
Good trading to all!
Thanks!
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.