Broke a major rising wedge on m15 after forming a double top. Currently retesting the broken trendline and neckline of double top. In the process has also formed bearish pennant in consolidation. As soon as it breaks the pennant, we can see a downward movement. If the m15 candle closes below 1777 i am in for a short here with tp at 1770, 1767
Note
So the trade is active. current level to watch is 1774. if it is broken, then we will see 1770 and the next scenario will be visible.
Trade closed: target reached
TP 1770 got hit congratulations if u followed
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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.