nissoezz

nissoezz

With the double top formation a resistance level , along with a nice sell candle engulfing , price has pulled back in a nice channel on Friday , a break down will confirm a short term "SHORT". Note that above the Resistance Line , this view will be invalid unless it is just a fake breakout retest.

nissoezz

I will be ore interested to in seeing another drop towards the support line marked in yellow and wait for a reversal signal for a short term buy. Break below the support line will invalidate this view.