WEEKLY AND DAILY TIMEFRAMES ALIGNING. WAIT FOR DAILY PRICE TO GET BACK TO AND TEST .76500 ZONE (+/- 200 PIPS).
THIS ALSO ALIGNS WITH THE DOWNWARDS TREND LINE/ SKEWED NECKLINE OF THE PREVIOUS HEAD AND SHOULDER PATTERN.
WE WOULD HAVE A TRIPLE TOP AT THE (.76200 - .76400) LEVEL.
THE DAILY 50 EMA WOULD BE ALIGNING WITH THIS AREA.
DAILY STRATEGY :- PROTECT THE STOP BEHIND THE DOWNWARD SLOPING TREND LINE AND 50 EMA. 2:1 REWARD TO RISK ON A SWING TRADE.
MERRY X-MAS.
THIS ALSO ALIGNS WITH THE DOWNWARDS TREND LINE/ SKEWED NECKLINE OF THE PREVIOUS HEAD AND SHOULDER PATTERN.
WE WOULD HAVE A TRIPLE TOP AT THE (.76200 - .76400) LEVEL.
THE DAILY 50 EMA WOULD BE ALIGNING WITH THIS AREA.
DAILY STRATEGY :- PROTECT THE STOP BEHIND THE DOWNWARD SLOPING TREND LINE AND 50 EMA. 2:1 REWARD TO RISK ON A SWING TRADE.
MERRY X-MAS.