price intercepted weekly 50ema. RESISTANCE.
hovered little above to test the previous bottom. which again is a resistance.
Double top formed at the top in 4H time frame.
going short. stop loss above today's high.
hovered little above to test the previous bottom. which again is a resistance.
Double top formed at the top in 4H time frame.
going short. stop loss above today's high.
Trade active:
weekly chart price is at 50ema.
in daily chart we have hanging man, indication of bearish reversal from top. encouraging price action. stoploss still safe.
keep holding. we'll wait for the bottom of last rally to reach.
in daily chart we have hanging man, indication of bearish reversal from top. encouraging price action. stoploss still safe.
keep holding. we'll wait for the bottom of last rally to reach.