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EURUSD - Double Top Bearish Idea

Penjualan
Euro / Dollar AS (FX:EURUSD)  
WrightWayInvestments  
FX:EURUSD   Euro / Dollar AS
Trend Analysis Wave Analysis Chart Patterns wavetheory doubletoppattern breakout EURUSD Fibonacci Retracement
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trendanalysis waveanalysis chartpattern wavetheory doubletoppattern breakout eurusd fibonacciretracement
As we can see in EURUSD a double top has formed and the structure of it has been broken indicating that the pair would like to push down.

Also upon retracing it rejected at a key Fib level 61.8. This is also a key level for the Elliott wave theory for wave 2 indicating we are in the formation of wave 3 which should be an impulse down furthering this bearish sentiment.

I see this set up being invalid around the 1.07150 area.

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