EURAUD - 1H Bearish Cypher, Double Top
EURAUD - 1H Bearish Cypher
Pair shows completion of Cypher pattern at 78.6%, also showing the formation of double top.
RSi divergence is seen, however, BB is not showing volatility divergence yet.
More confirmation is needed, probably lower low lower close.
Looking for 38.2% as min retracement.
Pair shows completion of Cypher pattern at 78.6%, also showing the formation of double top.
RSi divergence is seen, however, BB is not showing volatility divergence yet.
More confirmation is needed, probably lower low lower close.
Looking for 38.2% as min retracement.
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