In an upward trend, a double top is formed, which with the ceiling and lower floors is currently in a corner pattern, and in case of the inability to break the neckline, this move can be used to continue the downward path. Therefore, if one or more confirmation candles are formed in the specified area, a sale transaction can be entered.
Note
Note
Trail the stop loss to the 0.104500 rangeNote
Trail was in a good spot and was not touched. So if you are low risk, stop to SL1 trail. This return has the ability to continue modification to the next level.Trade closed: target reached
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Related publications
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.