Double Top Formation
After a strong bearish trend, we have a very precise double top formation which shows price struggled to make a higher high. I have placed a neckline for entry and entering a short position traditionally putting the TP the same length from neckline to the double top.
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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.