I outlined a month ago the posibility of a weird pattern forming, when it was clear there was a double left shoulder. Well, now it looks like we have also the double right shoulder, and it looks like a good spot to go short. There are two stops levels, outlined on the chart.
I don't usually use , but here they work fantastic. The down has rejected the fourth time now.
If you look at the bigger picture, you can see a pattern, with a divergence (weekly chart) and a false breakout. So, having two reverseal patterns, one on the weekly, one on the daily, makes me very on this market.