EURUSD
Another view on this pair is a possible Double top on Daily that could take us to as low as 1.3350-60, same distance equals the height of the pattern. The fact that the second top is higher at a confluence Fib of major time frames gives a bit more confidence. Entry near the neckline 1.3674 on next retest is a good R:R situation especially if we can combine with something else, pivots/ Fibs / Divergence. I will update on this in due time.
Cheers.
Another view on this pair is a possible Double top on Daily that could take us to as low as 1.3350-60, same distance equals the height of the pattern. The fact that the second top is higher at a confluence Fib of major time frames gives a bit more confidence. Entry near the neckline 1.3674 on next retest is a good R:R situation especially if we can combine with something else, pivots/ Fibs / Divergence. I will update on this in due time.
Cheers.
Fibonacci will make you rich