Triple Top
Divergence 4 hr Strong | Divergence 1 hr
Break of Trend Line
Break of Pivot
Short term downtrend - Weak *
Long term downtrend - Medium *
MA's keep retesting waiting for crossover
(Entry break of pivot / Neck line / Trend line)
If it creates another top both this trade, and previous double top are no longer valid, as the market is consolidating, (close trades)
SL is set higher than the Top point, and above R2.
Divergence 4 hr Strong | Divergence 1 hr
Break of Trend Line
Break of Pivot
Short term downtrend - Weak *
Long term downtrend - Medium *
MA's keep retesting waiting for crossover
(Entry break of pivot / Neck line / Trend line)
If it creates another top both this trade, and previous double top are no longer valid, as the market is consolidating, (close trades)
SL is set higher than the Top point, and above R2.