SPY SHORT: Double Top

FX:SPX500   S&P 500 Index

though I have already shorted spy ,
for now, there is another perfect selling setup for those who missed the trade.

on 4h chart the market has formed a classic double top pattern with lower high
and RSI divergence.
I trade this reversal pattern waiting for a bearish breakout of minor support beneath it.

T1 - 2945
T2 - 2900

Stop - 3028
✅My Twitter:
✅FREE Telegram (Text me for VIP private group)
✅Your personal trading coach. Contact me for one-on-one online trading sessions.
✅Broker that I trust
Share your thoughts on SPY here
CptSafety VasilyPonomarev
@VasilyPonomarev, what do you think about the conflicting variable of higher levels of positive momentum on the second top?
@CptSafety, I see the second top as the negative momentum because the market has set lower high!)
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out