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Double Repo on EUR/USD (unconfirmed)

Price has already closed below 3-3 SMA and then closed above it, made a new high. If the price closes back below 3-3 SMA, Double Repo pattern will be formed. Its classical target is 50% retracement of recent thrust up. SL few pips above recent high.

The pattern will be supported by bearish divergence.



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Anand Dubey
Anand Dubey
31 dic 2019

Video version: https://s3.amazonaws.com/tradingview-vid/t/tqYW2AumiHyd0H5e.mp4

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