AUDEUR: 500-Pip Slide Forecast on Bearish Setup
AUDEUR could slide 500 pips below cloud, failed breakout and 50/100-day SMAs in double top setup, says Omkar Godbole.
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AUDEUR could slide by 500 pips in the weeks ahead on bearish patterns that include trading below the cloud, a failed breakout, positions under the 50- and 100-day SMAs plus a double top-like setup, according to Omkar Godbole of MMS Finance.
Omkar Godbole, MMS Finance, CMT
@godbole17Staff of MMS Finance.