Price is currently in the making of a triple top as it rejects the Key S/R level unable to break it for the third time it reaches that level, it also is at the trendline level to add to the confluence. Currently on the 1HR looking for price to break it's support level, retests, rejects the level and head to the down side to the neckline. Taking action if price...
Head and shoulders pattern, price broke neckline. Waiting for a retest of the neckline and for price to show bearish signals at that level to proceed to sell at that level #newbietrader
Feedback is helpful
Price traveled up in an uptrend until it hit a Key resistance level and could not break through then proceeded to pullback then hit supp and did not break which boosted it up to print a double top which also happened to hit the top of trend channel and printed a rejection candle then proceed to the downside. After double top formed, neckline was broken and price...