Counter-trend trade opportunity
Price has completed an AB=CD pattern RIGHT at the 61.8% Fibonacci level
Following an attempt to breakout above the past 3-week highs at 1.19, price closed much lower, forming a bearish rejection candle on the weekly (this is also a triple top on the daily timeframe)
4H has already fallen below the 50EMA
Look for opportunities to sell
EURUSD until 1.14 (38.2%)
Following an attempt to breakout above the past 3-week highs at 1.19, price closed much lower, forming a bearish rejection candle on the weekly (this is also a triple top on the daily timeframe)
4H has already fallen below the 50EMA
Look for opportunities to sell
EURUSD until 1.14 (38.2%)
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