Double Top Pattern Expressed in $HMYPrevious expectation of trend reversal did not come as soon as initially expected. This time, a pattern of double top with a potential shoulder is prevalent in the charts. There is also a possibility of another reversal to trace another right shoulder before entering a downtrend. Same expectations as the previous idea, except this time the SHORT position is extended longer into the month of May around the 17th. $HMY must break below the support target of $3.40 in order to enter the position .
The slope of the short position projection can vary in a wide variety anywhere along the blue dashed arrowed blue line. As like before, the target BTC is still $2.00.
