Will today a local double top be formed? Question of the day | 18 September 2015

18 September 2015, EUR/USD

The daily chart: I congratulate readers of the review, who were able to enter with me into this upward swing on its very bottom! Excellent opportunity to go along with the price to new Highs (breakdown of 1.1713)

Will today a local double top be formed? Question of the day

H1 chart:a crucial question is being solved right now: if the local upward structure will continue (for which the price needs to break through the last Top 1.1440), or we will see a double top, which will allow Euro to get corrected lower (for example, around ​​1.1340)

Will today a local double top be formed? Question of the day

Expectations:

1) In the case of a break above 1.1440 - consistent growth further, to 1.15

2) n the case of weakness and inability to break above 1.1440 - correction to 1.1340.

solutions: Calmly keep Buy traded, and in case of correction - we shall be adding positions up around ​​1.1340.

Aleksey Panasenko
FreshForex Analyst
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