Need to be patient as a few structures to consider,
we have the 2 internal structures with price currently at a smaller daily top (forgot to include) and the outer daily structure with double top.
Will keep an eye on how this moves, as potential for big sells soon.
we have the 2 internal structures with price currently at a smaller daily top (forgot to include) and the outer daily structure with double top.
Will keep an eye on how this moves, as potential for big sells soon.
Note
Did not make to the double top, and I ended up missing the pull back (hate when that happens)! potential for a right shoulder to form around 116.400 and ties in nicely for a retest
Note
Pull backed as expected and moving nicely, hoping it breaks through the previous low and keeps going towards the green line at TP, here it may became bullish, but I will be trailing to see if we can smash it even further! go bears
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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.