Price is still in an uptrend Price Touched the lower trendline At 15mins chart price created double bottom with long wick rejection 2nd candle taking out first candle Price crossing 15mins EMA and finding support at previous resistance level Price at support level which was previous resistance level
Trade closed manually
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closed this trade after 4hr double top, possible sign off a reversal
Was this not a losing trade? Price went below your stop loss level shown before going on to make the double top @ 76.650
Subrato-Nandi
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Like it
Tall_Short
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I see you closed this trade. I think this could be a reversal trade. Im personally short as there is strong weekly resistance after a long bull run since march. Also on the daily chart I see a symmetrical triangle with a triple top which looks like it is breaking to the downside. Also the 4 hour chart shows weakness.
jerrin98
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@Tall_Short Yes trade has been closed. Triple top confirmed after the price had broken neckline. waiting for a correction towards neckline