Loonie Analysis/Opportunities Short to Long
Double top formed and the pair retreated.
Bearish Divergence on RSI (further to fall possible)
1H chart currently showing confluence with 20ema
Sell entry 1 = 1.0860/70 strength
Sell entry 2 = Break of low 1.0826
Target 1 = 1.080
Target 2 = 1.0763
Looking to buy around same area for move back up to 1.10786
Bearish Divergence on RSI (further to fall possible)
1H chart currently showing confluence with 20ema
Sell entry 1 = 1.0860/70 strength
Sell entry 2 = Break of low 1.0826
Target 1 = 1.080
Target 2 = 1.0763
Looking to buy around same area for move back up to 1.10786