Hello all,
I spotted this double top on the EUR/AUD 240, Although the market is ranging sideways, to the left of the chart you will notice a double bottom 8 candles apart, This time frame was repeated beautifully reaching the climactic top before Monday's Gap open. So here I am looking for a repeat however in reverse with a 9 Candle Repeat. My modified pitchfork is also pointing at the same time period. This pitchfork may be respected in price however I we will have to watch and see....As of writing my bias is from bearish to bullish.
Sincerely,
TIK
I spotted this double top on the EUR/AUD 240, Although the market is ranging sideways, to the left of the chart you will notice a double bottom 8 candles apart, This time frame was repeated beautifully reaching the climactic top before Monday's Gap open. So here I am looking for a repeat however in reverse with a 9 Candle Repeat. My modified pitchfork is also pointing at the same time period. This pitchfork may be respected in price however I we will have to watch and see....As of writing my bias is from bearish to bullish.
Sincerely,
TIK