EURUSD SELL Formation

2019-11-04 16:15:44

The Markets have created a double top resulting exhaustion of the BULLS to move the markets to the upside in their favour. Including that the markets couldn't make another impulse move or higher high to show the end of the Uptrend. For now we'll look for sells. If the markets break out from the 1.11710 resistance line then the double top and sell are invalid. We'd then see a higher high occur.

#Markets are unpredictable and anything can change at any time, so use proper risk management.