A SORT TERM (4 HOUR TIME FRAME) HIGH POTENTIAL, BACK TESTED SORT ANALYSIS.
A BEARISH PATTERN SPOTTED INCLUDING THE FOLLOWING:
1) EMA (20) CROSSING FOR BEARISH MOVEMENT.
2) DOUBLE TOPS DIVERGED TO CCI OSCILLATOR FOR BEARISH MOVEMENT.
3) TRENDING CHANNELS LINES BREAKOUTS.
4) CCI CROSSING DOWN THE ZERO LEVEL.
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
A BEARISH PATTERN SPOTTED INCLUDING THE FOLLOWING:
1) EMA (20) CROSSING FOR BEARISH MOVEMENT.
2) DOUBLE TOPS DIVERGED TO CCI OSCILLATOR FOR BEARISH MOVEMENT.
3) TRENDING CHANNELS LINES BREAKOUTS.
4) CCI CROSSING DOWN THE ZERO LEVEL.
NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
Trade active:
A COMPLIMENTARY NOTE, POINTING SECOND TOP TO PREPARE FOR THE CORRECTION
Trade closed: target reached:
against all odds...
bstrgds
bstrgds
Comment:
A bearish bat pattern revealed to confirm (or to extend take profit) our strategy at: