BTCUSD RISING WEDGE AND DOUBLE TOP

BTCUSD formed a rising wedge and a double top which increases the significance of this chart pattern, RSI printed bearish divergence too . A short position has been deployed as under

SHORT POSITION

ENTRY: 26767.98
STOP LOSS: 28607.44
TP 1: 24928.95
TP2: 23089.10
LOT SIZE: 0.10
TRADE 1: RR: 1:1
TRADE 2: RR: 1:2
Chart PatternsHarmonic PatternsTrend Analysis

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