Hi guys,
EDOUSD has been rallying lately. But I see a short opportunity.
Price is being suppressed at 1.35USD level, resistance is very hard (see red arrows). We will use this level as a stop.
StochRSI is overextended and we probably going to see a double top :)
SELL : 1.315
BUY : 1.14 (S1 / Lower Bollinger Band / EMA200)
STOP : 1.36 or above
R/R : 3.15
TRADE SAFELY - Manage your risks
EDOUSD has been rallying lately. But I see a short opportunity.
Price is being suppressed at 1.35USD level, resistance is very hard (see red arrows). We will use this level as a stop.
StochRSI is overextended and we probably going to see a double top :)
SELL : 1.315
BUY : 1.14 (S1 / Lower Bollinger Band / EMA200)
STOP : 1.36 or above
R/R : 3.15
TRADE SAFELY - Manage your risks
Trade active
Comment:
Probable double top forming :
