Double top formation in UPL and rejection from neckline
Updated
UPL seems to have formed double top pattern and now it has come to retracement level of neckline after breakout and then giving clear rejection for the upside move.
Also, we are seeing a clear reversal in the uptrend in the daily timeframe. so possibly can test previous swing high of 650
Also, we are seeing a clear reversal in the uptrend in the daily timeframe. so possibly can test previous swing high of 650
Trade active
Comment
Price moving as expected!Trade closed: target reached
Target 1 is achieved.Trade closed: stop reached
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