Scenario 1:
Earlier price made double top and broke the neckline, forming the range. It broke the range and next target was 1.0393. Now price is making pullback to retest previous double tops to form triple tops before heading south. One has to monitor PA near 1.0715 to short EURO for T1= 1.0715, T2= 1.0393.
Scenario 2:
The price is forming bearish Bat pattern at 1.1333 and one can take position accordingly.
Happy pipping.
Earlier price made double top and broke the neckline, forming the range. It broke the range and next target was 1.0393. Now price is making pullback to retest previous double tops to form triple tops before heading south. One has to monitor PA near 1.0715 to short EURO for T1= 1.0715, T2= 1.0393.
Scenario 2:
The price is forming bearish Bat pattern at 1.1333 and one can take position accordingly.
Happy pipping.