waiting for a double top to print than executing the trade. price is currently in a small consolidation.
double bottom formation, then will wait for a catalyst to print for entry. This is just an idea, not a signal.
forgot to post my trade idea, believe it will go further up.
The double top formation i have been waiting for was formed 2 hour ago. The first touch on the resistance zone hits deeper than the second touch which means there is a greater chance of success on the trade. Goodluck!
A trendy kangaroo tail has printed on the 4 hour chart (and on a minor zone) after a small consolidation phase. quick short.
possible double top formation, looking for short once prices hit the resistance zone.
Looking for a short once the price goes back to the resistance zone. looking for a double-top to form. entry is then based on certain catalyst. *NOTICE: Price hit that zone for the first time since December 31, 2019*
possible short when price goes back to the resistance zone, i would then look for certain candle sticks to form as an entry point.