I have posted two scenarios on the chart and I am honestly 60/40 but my current sentiment is bearish after the double top has completed. It will stay that way unless a 4 hour candle closes over the high of the double top at .64420 I am planning to pick up the additional 50ish pips before resistance and will monitor closely from there for my next move.
Disclaimer: I am a noob and only recently began wrapping my head around this. Please don't make decisions based on what you see here, use your own analysis and take mine with just a grain of salt. Feedback appreciated.
Thank you.
Disclaimer: I am a noob and only recently began wrapping my head around this. Please don't make decisions based on what you see here, use your own analysis and take mine with just a grain of salt. Feedback appreciated.
Thank you.