This pair has moved up as predicted months ago (see linked idea). We have now hit a major turning point near the top of the channel with reversal signals.
Look to sell downwards for 300 pips.
Indicators:
Weekly RSI in strong sell zone.
Up trend line broken south
Strong bear candlestick close on daily.
Entry @ past resistance now support at 1.7960 area
TP @ 1.7620 area
The market moves in waves ABCD. We have completed a large wave up and now selling the retrace down. Good luck trading everyone!
If these trades have helped you, please help like these analysis so more people can benefit from it.
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
Look to sell downwards for 300 pips.
Indicators:
Weekly RSI in strong sell zone.
Up trend line broken south
Strong bear candlestick close on daily.
Entry @ past resistance now support at 1.7960 area
TP @ 1.7620 area
The market moves in waves ABCD. We have completed a large wave up and now selling the retrace down. Good luck trading everyone!
If these trades have helped you, please help like these analysis so more people can benefit from it.
Charles V
www.cvfxmanagement.com
@cvfxwealth
Trading made Simple
