H1 : Trigger level of the double top @ 35430. Targe @ 33410
3rd consecutive failure to hold above support trend line
MBB currently under attack a failure to hold above it and above KS @ 36113 which is also the
current intraday uptrend line support would give a bearish signal, calling for lower levels.(with clouds support
zone,slighlty lower, bottom, also coinciding with the double top trigger level !!!
Finally, a move below 35430 would :
1) Activate the double top formation
2) Invalide the recent intraday uptrend in broking the support trend line
3rd consecutive failure to hold above support trend line
MBB currently under attack a failure to hold above it and above KS @ 36113 which is also the
current intraday uptrend line support would give a bearish signal, calling for lower levels.(with clouds support
zone,slighlty lower, bottom, also coinciding with the double top trigger level !!!
Finally, a move below 35430 would :
1) Activate the double top formation
2) Invalide the recent intraday uptrend in broking the support trend line
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.