Double top
Updated
Heavy resistance @ 149.70
___
If it breaks the support of 139.4, then it perfect for shorting as per Double Top Pattern.
___
If it does NOT break the support, it maybe a trend reversal to the resistance or movement of price in sideways.
___
Warning: Today is the quarterly earning result of COAL IND. Please ensure to look at that too.
___
Have a different view, please share in the comment so I can learn too. 4 hour CHART
___
If it breaks the support of 139.4, then it perfect for shorting as per Double Top Pattern.
___
If it does NOT break the support, it maybe a trend reversal to the resistance or movement of price in sideways.
___
Warning: Today is the quarterly earning result of COAL IND. Please ensure to look at that too.
___
Have a different view, please share in the comment so I can learn too. 4 hour CHART
Trade active
Going short Broke the immediate support of 139.4
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.