We may derive the following from the Weekly CLS chart:
1. Price formed a double top, but didn't test the ATH.
2. The Weekly bear candles are usually engulfing.
3. Price i.m.o should continue to drop further, with a potential to first test the ATH one more time.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price formed a double top, but didn't test the ATH.
2. The Weekly bear candles are usually engulfing.
3. Price i.m.o should continue to drop further, with a potential to first test the ATH one more time.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
