After 8 days of bullish trend, double top on 1 hour chart whit engulfing bearish candle. Market is extremely over both on 4 H and D chart.
I will wait if we can see pull back 0.618, and then SHORT the market (possible 2618 set up). First target around 0.98470, second around 0.97450. SL a little above 0.99165.
But, this is against the strong trend so be careful!!!
I will wait if we can see pull back 0.618, and then SHORT the market (possible 2618 set up). First target around 0.98470, second around 0.97450. SL a little above 0.99165.
But, this is against the strong trend so be careful!!!