Methanex Corp - Double top at value
The weekly chart stands at value with an overbought FI and red impulse. If the week closes like this, an evening star formation will be confirmed.
On the daily chart, there is a double top with a false breakout and divergence. I am a bit late to the game, time to enter short was on Friday or yesterday, but the RR is still acceptable.
Look for the previous swing low to get tested, maybe even lower.
On the daily chart, there is a double top with a false breakout and divergence. I am a bit late to the game, time to enter short was on Friday or yesterday, but the RR is still acceptable.
Look for the previous swing low to get tested, maybe even lower.
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