We have a double top.
If the bottom breaks and the trend line breaks, there is a strong possibility of selling.
Another possibility is that there is serious resistance in the one-hour timeframe. If it cannot break, there is a possibility of falling from that area if the trend line breaks.
If the bottom breaks and the trend line breaks, there is a strong possibility of selling.
Another possibility is that there is serious resistance in the one-hour timeframe. If it cannot break, there is a possibility of falling from that area if the trend line breaks.
Trade closed: stop reached
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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.
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.