The fall of the EURO with a 🗻Double Top🗻 pattern!!!

31 mar 2023

It seems that according to the regular divergence(rd-) between the two peaks created in the 🔴resistance zone🔴, the possibility of creating a Double Top pattern after the breaking of the uptrend line is very high.

Since the DXY analysis is bullish, the probability of the euro falling after breaking the neckline of the Double Top pattern to the 🟢support zone🟢 is high.

The Double Top pattern is likely of the Adam-Adam type, which has many credibilities.

DXY analyze👇

🔅Euro/U.S.Dollar Analyze ( EURUSD ), 4-hour Time frame ⏰.

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31 mar 2023

Nota

EURO is losing the uptrend line