Price is moving up on the trend line, then fails to make a new higher higher, forming a double top. Then price creates a new lower higher and breaks the structure it has formed. With the retest and wick rejections present of the structure, a great sell opportunity opens up.
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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.