Structure: downtrend
Price pullbacks to test the trendline channel
Buyers cannot push the price up to break the channel
Expect: creating a double top pattern, then the price continues to downtrend
Targets are in the image
Good luck & safe trade
Price pullbacks to test the trendline channel
Buyers cannot push the price up to break the channel
Expect: creating a double top pattern, then the price continues to downtrend
Targets are in the image
Good luck & safe trade
Trade closed manually
Close deal because buyers come to push the price continuing the uptrend
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.