A possible double top formation scenario in weekly chart.
- Recent period support is broken. (yellow line)
- Rsi is in downtrend.
- Far away from 200ema.
May want to test main trend support. (red line)
I will follow the consolidation zones.
*not an investment advice
- Recent period support is broken. (yellow line)
- Rsi is in downtrend.
- Far away from 200ema.
May want to test main trend support. (red line)
I will follow the consolidation zones.
*not an investment advice
Note
we are approaching the targetNote
Never take my personal opinions as investment advice, you may lose your money.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.