Hey folks,
HOpe you had a good trading week.
This is EURUSD 4H chart and the price is forming a double top pattern at a strong resistance zone. To confirm this, checked with DXY index too. The DXY index is also at a strong support zone which means price may reverse anytime. Lets wait for a confirmation and enter into a shorting position.
Have a good weekend.
Cheers
HOpe you had a good trading week.
This is EURUSD 4H chart and the price is forming a double top pattern at a strong resistance zone. To confirm this, checked with DXY index too. The DXY index is also at a strong support zone which means price may reverse anytime. Lets wait for a confirmation and enter into a shorting position.
Have a good weekend.
Cheers