Euro / U.S. DollarShort
EUR/USD Double Top
EUR/USD formed a double top on the 4H chart, signalling a downward move in the foreseeable future.
The most conservative target would be Support 1, with a R/R around one. Consider exiting part of the position around that area, since we might fall toward Support 2 if USD keeps gaining ground.
The most conservative target would be Support 1, with a R/R around one. Consider exiting part of the position around that area, since we might fall toward Support 2 if USD keeps gaining ground.
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✅Monster Signals: t.me/monster_cryptosignals
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.