What we can see in the chart is a double top pattern.
We expect the price to drop 26 %.
Enter the short only if the price breaks below the neckline (support) .
If the breakdown is real, we should see increasing volume from sellers.
Good luck
We expect the price to drop 26 %.
Enter the short only if the price breaks below the neckline (support) .
If the breakdown is real, we should see increasing volume from sellers.
Good luck
Trade active:
Neckline broke as expected. On the way down now
Trade closed: target reached:
Target reached perfectly. Congratulations!
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