1, double top formed, retesting the neckline.
2, Fib 0.618 combined with EMA 89 in daily chart.
3, still under the trendline, need another drop to form a double bottom for further rally.
Entry zone: 1.533- 1.536
Stop loss: 1.548
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the reverse is coming, in the other way, we can buy it now, SL 1.5175 targeting to 1.5325, RR ratio 1:1, a worthy trade :)
2, Fib 0.618 combined with EMA 89 in daily chart.
3, still under the trendline, need another drop to form a double bottom for further rally.
Entry zone: 1.533- 1.536
Stop loss: 1.548
------------------------------------------------------------------------------------------------------------------
the reverse is coming, in the other way, we can buy it now, SL 1.5175 targeting to 1.5325, RR ratio 1:1, a worthy trade :)