australian and us dollar
double top formed, broke previous support, 2618 trade, fib is strongly in play, 1400 pips to be captured.
if price doesnt break the A leg of our formation we could be looking at a long opportunity at -27 fib level to capture 1600 pips back up to previous structure resistance.
300 pip stop, 1400 pip profit, excellent risk reward ratio
double top formed, broke previous support, 2618 trade, fib is strongly in play, 1400 pips to be captured.
if price doesnt break the A leg of our formation we could be looking at a long opportunity at -27 fib level to capture 1600 pips back up to previous structure resistance.
300 pip stop, 1400 pip profit, excellent risk reward ratio