Open trading account 
Yesterday we did the analysis based on a 15 minutes chart, noting that we were seeing the possible weekly top in this currency pair, and that from there the bearish pressure would increase. But in the same analysis we also pointed out that we would attend several attempts to overcome this resistance, before confirming a bearish turn or weekly take profit.
That prediction was confirmed, skipping our entry order, but the same photograph was repeated almost identical to yesterday, with the difference that now is represented by an hourly chart instead of 15 minutes chart, which in addition to being a second confirmation signal, also confers greater validity to the prediction.
In addition it seems that it is just forming in a few minutes a bearish engulfing figure that would be the third and almost definitive signal, to start the descent.
As we see in the MACD indicator, in the moment that the moving average (blue line), cross the signal (red line) with negative slope will be the final confirmation of a bearish impulse.
As I write this post I see how in the end the candle has not formed a bearish engulfing figure, but we will probably see this pattern at the time of the mentioned crossing between EMA's (moving averages).
We repeat yesterday's entry order:
Entry order 1,30350 with target at 1,29800; stop loss 1,30600
Good trading
That prediction was confirmed, skipping our entry order, but the same photograph was repeated almost identical to yesterday, with the difference that now is represented by an hourly chart instead of 15 minutes chart, which in addition to being a second confirmation signal, also confers greater validity to the prediction.
In addition it seems that it is just forming in a few minutes a bearish engulfing figure that would be the third and almost definitive signal, to start the descent.
As we see in the MACD indicator, in the moment that the moving average (blue line), cross the signal (red line) with negative slope will be the final confirmation of a bearish impulse.
As I write this post I see how in the end the candle has not formed a bearish engulfing figure, but we will probably see this pattern at the time of the mentioned crossing between EMA's (moving averages).
We repeat yesterday's entry order:
Entry order 1,30350 with target at 1,29800; stop loss 1,30600
Good trading
