1. Seems the Double Top chart pattern are formed exactly on Major Fibo 50%
2. Seems the Market broke out clearly the Neckline (Resistance) of Double Top chart pattern and Strong Rejected on this area Neckline and also the Trendline
3. Seems the Market testing the Pivot Line Monthly + Minor Fibo 50% as Strong Resistance
4. Patience to waiting for Price Action and Validation
5. RR suggested about 1:3 ~ 1:4
Remember !
There is no setup or trading opportunity that promises to be 100% accurate, this is just an opportunity that I found, keep your money management is SAFE !
Probable vs Possible.
Good Luck and Safe Trade !
2. Seems the Market broke out clearly the Neckline (Resistance) of Double Top chart pattern and Strong Rejected on this area Neckline and also the Trendline
3. Seems the Market testing the Pivot Line Monthly + Minor Fibo 50% as Strong Resistance
4. Patience to waiting for Price Action and Validation
5. RR suggested about 1:3 ~ 1:4
Remember !
There is no setup or trading opportunity that promises to be 100% accurate, this is just an opportunity that I found, keep your money management is SAFE !
Probable vs Possible.
Good Luck and Safe Trade !