Analysis of #EURUSD
here we have the pair formed a double top with RSI divergence and failed to close above 1.1900, which usually indicates a reversal and could be triggered by today's news.
for me, I cant take short as it is now as I see the pair still supported above 1.1800 also we have trend line support.
we can be conservative and wait for the confirmation of the break of the support line and break of the neckline of the double then look for an entry if the rules are met
if it did not break the neckline and got supported then we can get long entry again
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-Do not forget to comment below, and if you like it then smash the like button 😉⠀
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Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
here we have the pair formed a double top with RSI divergence and failed to close above 1.1900, which usually indicates a reversal and could be triggered by today's news.
for me, I cant take short as it is now as I see the pair still supported above 1.1800 also we have trend line support.
we can be conservative and wait for the confirmation of the break of the support line and break of the neckline of the double then look for an entry if the rules are met
if it did not break the neckline and got supported then we can get long entry again
⠀
⠀
⠀
-Do not forget to comment below, and if you like it then smash the like button 😉⠀
⠀
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
