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You can check it out that there is a double top at 15min chart also, it is going down at a short while. Take your pleasure time to watch the chart.
As usual, a rebound from the support, and back to the resistance line.
Double top appear! You can hunt at the top first in order not to miss this chance.
As there is a resistance and trend has been broken, the down trend is coming.
This short position will not build for a flat double bottom but it will go down to the point as well.
From the point of view, there is a short position going happen to the support line.
As there is a break through of the trend line and also there is a fake breakeven of the resistance line. There is a confirmation pattern to going down.
If it could able to break the resistance line, it may going to long position. Vice Versa
It cannot breakout from the top, so it going down and result there is downward trend
as you see, there is a double top, so it is obvious going back to the support line
Resistance zone and furthermore there is a break trend, basically it will move downward .
there is a double top during the 30min chart and also the candlestick pattern showing there is a short position as well.
It had break through the support and become a turncoat resistance. TP will be 0.92129. Let's look forward for this coming price chart.
As there is a break of the trend line and it is within the support up and down, basically it will down to the target.
As you see my chart,that is a long position
going short and follow my order
Based on the chart pattern, it is most likely to going down as per the chart I have shown. Good to have a strong bear after this.
Once there is any double bottom from 136.636, probably there is a long position up to 137.485. But we have to wait for the break out at price 137.084 to confirm there is any long position.