1) Price created a double top previously
2) Price returned to neckline (previous support) to test it out
3) Price rejected previous support (now resistance)
4) Price below EMA's
2) Price returned to neckline (previous support) to test it out
3) Price rejected previous support (now resistance)
4) Price below EMA's
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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.