Newbie here at TA so don't take this too seriously but I would like to hear your thoughts on this. This could be a M formation or a double top meaning the trend would reverse and go bearish. We retested 12 000 but didnt break it this time around. Theory says if we go lower then the dip in between the two peaks then we will see a drop equivalent to the length of...
I noticed a interesting pattern on verge on the 30 min, notice it M formations, if it follows this pattern, we should see a breakout towards about 1450 soon :)
My entry for xvg right now is arround 1040 - 1065
