In the current market structure we can see an Ascending Channel that indicates a potential reversal to the down side
We are looking for a sell entry in this currency pair
Sell Setup #1: We can enter in the 3rd touch as risk entry or in the break of the bear flag as reduced risk entry
Sell Setup #2: We can enter on the possible double top formation
Keep it simple & Happy Trading Guys!
Like if you agree :)
*This Market Analysis is for educational purpose only. Trade at your own risk*
We are looking for a sell entry in this currency pair
Sell Setup #1: We can enter in the 3rd touch as risk entry or in the break of the bear flag as reduced risk entry
Sell Setup #2: We can enter on the possible double top formation
Keep it simple & Happy Trading Guys!
Like if you agree :)
*This Market Analysis is for educational purpose only. Trade at your own risk*