Double top within an ascending channel followed by a push below.
From here a corrective structure will make the setup more interesting.
From here a corrective structure will make the setup more interesting.
Comment:
A pending order is placed below the corrective structure with stop loss above the correction while aiming for the low of the ascending channel.
Comment:
The pending order was canceled and from here I am anticipating a corrective structure on the 4H chart and if not the setup will likely be compromised .