TomProTrader

#TIF(Tiffany): Weakness At Action Level, Downside To Be Seen?

NYSE:TIF   None
6
Traders,

Weakness candlestick signals at the top of the range at historical resistance shows this level has been acknowledged, and price could see lows. Price is in a double top scenario, and price is very near to breaking sideways support. The neckline for the double top is very shallow, allowing for a razor sharp entry on breakout. I hope you have your own tested trading strategy so you are able to trade this move as it starts.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.