Two places to sell – WM3 with a target of WM1/ WS2 or MPP with a target of MM1/ MS2. I prefer MPP as it marks the role reversal of previous support though paying attention to both. A double top on M15 at either price will see Bears selling down to the weekly or monthly target. Remember we have inflation data coming out of the US on Wednesday so you’ll want to manage the stop accordingly to prevent possible loss during that high volatility news event.

EURUSD H4

As mentioned above, WM3 to WM1/ WS2 or MPP to MM1/ MS2.

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