Evidences:
1. A 0.618 retracement.
2. A conformation by the large bullish candlestick on daily chart.
Note that the "double top pattern" is invalidated since the retracement of the orange line is much above 0.618...
1. A 0.618 retracement.
2. A conformation by the large bullish candlestick on daily chart.
Note that the "double top pattern" is invalidated since the retracement of the orange line is much above 0.618...
Trade closed: stop reached:
Nope