the overall trend is bearish , but it may create a proper structure , before selling or pushing downwards
the market is currently bearish , but it is moving in an upward direction trying to hit a particular trendline before automatically coming down . but currently it is going to retest the 0.618 area before going to the destined retest region.
currently the market is showing signs of a little pull back before eventually pushing to the upside ,i think the market is volatile due to currents factors affecting it, but it is likely going to pullback for a little while before going back up.
gold created a triple top ,giving a sell signal, it also formed a head and shoulder supporting the downward movement , but it is currently in a reversal because of the double bottom and the movement trying to go back to the neck line , what do you think ?.😊😂🥲
GBPJPY might sell , on the monthly TF , I see a double top, reacting to a supply zone on the weekly , I see a head and shoulder pattern .
I am looking for a sell at that region , because of the double top formed and broken ,and the overall trend is a downtrend