Confluence Zone
- Bearish Shark
- Double Top
For further confirmation
- watch for RSI and MACD to diverge from price action as double top is formed.
- look for reversal Candle
- Bear Volume and/or lack of BULL volume as price action can fall with light volume. Heavy volume needed to up, not down.
- Bearish Shark
- Double Top
For further confirmation
- watch for RSI and MACD to diverge from price action as double top is formed.
- look for reversal Candle
- Bear Volume and/or lack of BULL volume as price action can fall with light volume. Heavy volume needed to up, not down.
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.
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.