EURAUD: Double Top
Current Sentiment: Bearish
Price is currently still in the consolidation zone and it has put a nice rejection off the resistance structure once again last week, forming a double top setup. There is currently a potential to trade the price back down to the previous lower trend line.
I would love to hear your opinion, feel free to comment, agree or disagree.
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Have a great pipping day!
fxpipsology.com/
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Cheers,
KY
Price is currently still in the consolidation zone and it has put a nice rejection off the resistance structure once again last week, forming a double top setup. There is currently a potential to trade the price back down to the previous lower trend line.
I would love to hear your opinion, feel free to comment, agree or disagree.
------------------------------------------------------------------------------------------------------------------------------------------------------------------
Always wanted to connect, learn and help one another throughout your trading journey? Join our community for FREE at facebook.com/groups/fxpipsology/ The only thing you need to 'pay' is your commitment to trading and sharing!
Have a great pipping day!
fxpipsology.com/
facebook.com/fxpipsology
Cheers,
KY
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