Possible bearish set up
It has hit a year long resistance on the daily chart and has pulled back.
If it breaks through the support and consolidates below it will be a selling sign also if it tests the resistance again and falls back we’ll see a double top and it might be a swinging point. Wait for the confirmation and sell. Good luck
If it breaks through the support and consolidates below it will be a selling sign also if it tests the resistance again and falls back we’ll see a double top and it might be a swinging point. Wait for the confirmation and sell. Good luck
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.