TTD
Uptrend move for the 1st half of 2023. Double Top pattern formed July & August 2023 that broke down trend.
After uptrend was broken, price started to move sideways and had formed a descending triangle.
Price finds itself at resistance area of triangle.
Will be entering trade short.
Entry: 82.32
Stoploss: 92.45, -12.31%
Target : 42.61, +48.24%, 3.92 RR ratio
Uptrend move for the 1st half of 2023. Double Top pattern formed July & August 2023 that broke down trend.
After uptrend was broken, price started to move sideways and had formed a descending triangle.
Price finds itself at resistance area of triangle.
Will be entering trade short.
Entry: 82.32
Stoploss: 92.45, -12.31%
Target : 42.61, +48.24%, 3.92 RR ratio
Comment:
Typo. Correct sentence: Double Top pattern formed July & August 2023 that broke uptrend.
Comment:
beautiful price slide
Trade closed: target reached:
Trade closed early 11/10/2023
close price 61.27, +25.57%, 2.08 RR ratio
close price 61.27, +25.57%, 2.08 RR ratio