Point C has touched Point A, so when that happens it is a retest of resistance and to some traders, it may be seen as a double-top setup, personally for me it is not a double-top setup. However, when the market hit point D, I will still be open to the idea to engage for a long trade, only when there is a reversal like 3-bar reversal at Point D.
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.