We can clearly see how PA developed a double top pattern, confirming it and developing a H&S pattern with a very high second confirmation due to the ripidity of PA caused by huge amounts of buying pressure after the bear cycle breakout.
A first evident confirmation of the pattern is marked with a down arrow. At this point, I'm going to wait for a second confirmation marked in green for a better short entry.
A first evident confirmation of the pattern is marked with a down arrow. At this point, I'm going to wait for a second confirmation marked in green for a better short entry.