Double top (reversal patterns)
If price Break the Trend line + Support Level + if moving crossed
Then price will go down reaching 3.5
If price Break the Trend line + Support Level + if moving crossed
Then price will go down reaching 3.5
Note
the price broke the trend line and the support area, the price went down.currently the price will test the trend again, and if it did fail to break it, then we will see additional falling into the target.
Trade closed: target reached
we can see that the price in a support area now, and the target reached
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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.