This idea was formed when the price reached 1.21500 to 1.21700.
Few technical points for this short play:
1. Double top at reaching the previous day high with no significant break
2. 4H MACD crossed
3. 1H MACD divergence showed weakness
Price to move potentially will hit around 1.195 to 1.2000.
To observe: US Stimulus package news
Few technical points for this short play:
1. Double top at reaching the previous day high with no significant break
2. 4H MACD crossed
3. 1H MACD divergence showed weakness
Price to move potentially will hit around 1.195 to 1.2000.
To observe: US Stimulus package news