We had a Diamond-Top warning yesterday...suprisingly, the broke upwards on weak Bull Volume, and formed an Ascending Wedge which broke-down to where we are now $7850.
If we close a 30min or 1HR Candle with okay Volume and Acceleration below $7700, I personally, will probably consider that confirmation of a Double-Top (Bearish).
Let's wait & see.
Good luck! :-)
If we close a 30min or 1HR Candle with okay Volume and Acceleration below $7700, I personally, will probably consider that confirmation of a Double-Top (Bearish).
Let's wait & see.
Good luck! :-)
Trade closed: target reached:
This did well. Double-Top was valid.