MARKET PATTERN: DOUBLE TOP
FIB: HITTING 50-61.8 ZONE
REJECTING OFF MA200
21/8 SHOWING SELL ON THE DAILY TF
EVENING STAR PATTERN POSSIBLY FORMED ON THE DAILY
BREAKING THE UPTREND SUPPORT LINE
WE AIM TO TAKE PROFIT AROUND THE AREA WE PROJECT THE PRICE TO DROP FROM THE DOUBLE TOP FORMATION
SUGGESTED 2 TAKE PROFIT ZONES (GREEN LINES)
FIB: HITTING 50-61.8 ZONE
REJECTING OFF MA200
21/8 SHOWING SELL ON THE DAILY TF
EVENING STAR PATTERN POSSIBLY FORMED ON THE DAILY
BREAKING THE UPTREND SUPPORT LINE
WE AIM TO TAKE PROFIT AROUND THE AREA WE PROJECT THE PRICE TO DROP FROM THE DOUBLE TOP FORMATION
SUGGESTED 2 TAKE PROFIT ZONES (GREEN LINES)