Hello Traders,
What we have on this chart?
1. Double Top, this means that the uptrend is over, (the price break the trend line),
2. The breakout of support level with break,test and confirm (Sell Sign)
3. A new down trend
I am thinking to go first with TP1 at first support, after that to wait a retracement and go with another sell from the same area.
Just in case, if the price breakout the next support level, i will hit the TP from Chart patter (Double Top).
Enjoy it and #stayhome!
PS : Is my vision, make you own choices!
What we have on this chart?
1. Double Top, this means that the uptrend is over, (the price break the trend line),
2. The breakout of support level with break,test and confirm (Sell Sign)
3. A new down trend
I am thinking to go first with TP1 at first support, after that to wait a retracement and go with another sell from the same area.
Just in case, if the price breakout the next support level, i will hit the TP from Chart patter (Double Top).
Enjoy it and #stayhome!
PS : Is my vision, make you own choices!
Comment:
And my favorite indicator show me to sell
Comment:
The first TP is on, the price hit the Psichological level, we are expecting now a retracement to X point and after that to go with sell!