double top, divergence, no momentum, thin cloud
After 5 consecutive tk crosses the market when on a trend.
Currently that pattern of price movement has been disrupted.
Instead of the marketing running up, price shot down and formed a double top
with a thin cloud, indicating this market may produce a kumo break
if there is a tk cross to the down side
On top of that, the rsi is showing divergence as well
Currently that pattern of price movement has been disrupted.
Instead of the marketing running up, price shot down and formed a double top
with a thin cloud, indicating this market may produce a kumo break
if there is a tk cross to the down side
On top of that, the rsi is showing divergence as well
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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.