DOUBLE TOP IS STILL INTACT.. GOOD R:R FOR SELLING NOW!
As labeled as "X" on the chart, it showed a double top pattern has been formed and right now tested as a price retrace.
I do believe the top will remain effective and it is a good opportunity to short it with very limited risk and huge potential reward.
Plus.. Uncertainty on the market, tends to push the price lower than higher.
So.. Let's ride the bear!
CHEEERRRSSSS...!!!
I do believe the top will remain effective and it is a good opportunity to short it with very limited risk and huge potential reward.
Plus.. Uncertainty on the market, tends to push the price lower than higher.
So.. Let's ride the bear!
CHEEERRRSSSS...!!!
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.
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.