Here in EURUSD we have a couple of points that have become known!
First of all, slightly messy but we have a "W" formation showing and ending on the resistance shown at 1.099
What does this mean??
We'll likely see a downward spike, possibly even touchdown on resistance before it starts making another upward push because once it comes down, it's likely to form an inverted H&S!
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Happy trading
Roo :)
Please remember I am a hobby trader, this is not financial advice and any losses or gains are your own! Be sure to like and comment on the chart and follow me on trading view.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.