Hello traders!
Price formed a double top pattern and then made a lower low. Now we have a retracement to the resistance area which is previous low. From here we can expect a move to the downside to the bottom of the formation. We have bearish confirmation on the higher time frames also.
If you like the idea and find it helpful please press like 👍 and feel free to leave a comment bellow. Thank you
Price formed a double top pattern and then made a lower low. Now we have a retracement to the resistance area which is previous low. From here we can expect a move to the downside to the bottom of the formation. We have bearish confirmation on the higher time frames also.
If you like the idea and find it helpful please press like 👍 and feel free to leave a comment bellow. Thank you