Topax

Topax Updated 

pattern and it is now preparing for the next downleg. How to recognize if price changed the trend ? Well, during several weeks price was stagnating and therefore formed a diamond pattern which is a pattern consisting on the price squeezing for sometimes(could be several hours, days or weeks depending on the timeframe) and finally forming a kind of a diamond...

Topax

price fall sharply after breaking the wedge marking the trend reversal (turning bullish to bearish) then retraced to 886fib extension , try to push a little higher but was rejected by the strong resistance we can use multiple facts to indicate that this is the perfect point entry to short: -point D of the bearish bat -important resistance recognized/respected...