Text book support and resistance, wait for conformation to go short like double top on the 4 h
-Firstly as we can clearly see we are in a down trend channel formation -We have had multiple bounces from the Top trend line which is now acting as Support -we formed double top on the 30H chart -We have also priced in lowers lowers Remember History repeats itself GoodLuck everyone
wait until the price hits the right price
Even a bad news did not manage to break the trend line, so I am going short -Firstly as we can clearly see we are in a down trend channel formation -We have had multiple bounces from the Top trend line which is now acting as Support -we formed double top on the 4H chart -We have also priced in lowers lowers Remember History repeats itself
wait for a confirmation to go long like a pullback or double bottom in the 4H
-Firstly as we can clearly see we are in a down trend channel formation -We have had multiple bounces from the Top trend line which is now acting as Support -we formed double top on the 1H chart -We have also priced in lowers lowers Remember History repeats itself GoodLuck everyone
-Firstly as we can clearly see we are in a down trend channel formation -We have had multiple bounces from the Top trend line which is now acting as Support -we formed double top on the 4H chart -We have also priced in lowers lowers Remember History repeats itself My ENTRY 131.6800 GoodLuck everyone