This cross has made its way to a good resistance level.
Chart below:
Price has formed a clear Double Top at the resistance level. Price has broken broken through the averages this afternoon.
Chart below:
I am looking for a short position as detailed below.
Levels and Chart below:
1st Entry: 1.2790
2nd Entry: 1.2800
Averaged entry: 1.2795
Stop Loss: 1.2830
Target: 1.2620
I will update again should the position be opened.
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