Its time both technicians and fundamentals will fight, probably bulls will bring strong case against the bears, while the bears have a strong technical case ( Double Top Bearish Pattern
) Time will tell if this bearish
formation is in the work. Most of the trades misuse, double top
can only be confirmed once price break out downside not when price touches previous high or all time high. Fundamentally point of view, ATH
is $110 not $100.7 as many technicians will call it. No matter which argument is, traders can make money either way as long as they use its rules. We will have next long trade in a few sessions, and join us. Stay tuned and safe!