Double top ??
1. Price broke back into the consolidation
on the 8th tried to break out past 0.72144, But failed
driving it back down to the 0.71801
2.Caused a beartrap with a fasle breakout but quickly moved
back to the consolidation box and back upto
0.72144.
3.Once price hit 0.72144 it was shaply rejected twice
causing a double top
4.A break of the trendline and close below it will confirm the
double top to sell
on the 8th tried to break out past 0.72144, But failed
driving it back down to the 0.71801
2.Caused a beartrap with a fasle breakout but quickly moved
back to the consolidation box and back upto
0.72144.
3.Once price hit 0.72144 it was shaply rejected twice
causing a double top
4.A break of the trendline and close below it will confirm the
double top to sell
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.