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Joined May 15, 2019
chartpattern
trendanalysis
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Im continuing to short as market reacts to recent double top formation.
7
Price currently sits at a double bottom formation. Prices are also at an all time low for this market. When this exact range were first tested it showed a strong and stiff resistance. Going Long here.
7
There has been a break of a historically significant zone for this market. We know that zones, especially zones that have been tested multiple times, never go away and will always have some sort of impact on market prices when approached. We also have a Triple Top formation where the price has rejected multiple times. We can see the momentum trending downward....
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