potential double top / M pattern
price is currently approaching the previous daily swing high in an ascending corrective pattern that might result in the formation of the second leg of the M formation ( double top).
if price really does form an M Double top) formation we will be potentially looking for a sell but setup can still be invalidated therefore we need to be careful and monitor price movement towards the completion of the potential M (double top) formation
if price really does form an M Double top) formation we will be potentially looking for a sell but setup can still be invalidated therefore we need to be careful and monitor price movement towards the completion of the potential M (double top) formation
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