As it has formed double top, now support line is broken and we may wait support line to act as a new resistance.
If pattern validates we will see 3.70 area. To remind that, double top reversal pattern has high accuracy but statistically 1/3 of them fail.
NOT FOR AN INVESTMENT
If pattern validates we will see 3.70 area. To remind that, double top reversal pattern has high accuracy but statistically 1/3 of them fail.
NOT FOR AN INVESTMENT
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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.