A trendline breakout occurred at $55,500 followed by a pull back to $55,050 which signals a sell order to complete the double top pattern (the M pattern).
Also, as we can see on the chart, there is a double top pattern in play. If price continues to fall, then we have a M chart pattern.
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Not Financial Advice💸
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Also, as we can see on the chart, there is a double top pattern in play. If price continues to fall, then we have a M chart pattern.
What do you think?
Share your opinion in the comment section.😇
Please support this idea with LIKE👍 if you find it useful.🥳
Follow me to receive more contents like this.🤙
Happy Trading💰🥳🤗
Trading Involves High Risk⚠️
Not Financial Advice💸
Use Proper Risk Management💹
Thank you for your support!💓
Trade closed: target reached
Profit smashed🤑💸💵🤩🥳Trade closed: target reached
Here is the result
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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.