Hey tradimaniacs,
welcome to the weekly preparation of EUR/USD.
Looking at the DAILY and 4-h Chart you can clearly see a continuation of a tripple-top-pattern as textbook describes.
After a break below the first Trendline (b) which was caused due to bullish weakness which caused euqal tops
we`ve seen the first weak rejection right at the Neckline of this pattern.
After the Breakout I was just a matter of time until the market retests the Neckline to follow this pattern.
I expect the market to retest the price-zone near 1,10400 - 1,10500 before we continue the downtrend until the Target-Zone of 1,0098.
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
welcome to the weekly preparation of EUR/USD.
Looking at the DAILY and 4-h Chart you can clearly see a continuation of a tripple-top-pattern as textbook describes.
After a break below the first Trendline (b) which was caused due to bullish weakness which caused euqal tops
we`ve seen the first weak rejection right at the Neckline of this pattern.
After the Breakout I was just a matter of time until the market retests the Neckline to follow this pattern.
I expect the market to retest the price-zone near 1,10400 - 1,10500 before we continue the downtrend until the Target-Zone of 1,0098.
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
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