IMO - double top pattern
What we can see on the chart is a double top pattern.
We expect that the price is going to move downwards, once it broke below the neckline you can enter short with a sell limit order.
Do not forget to put a stop loss above the double top to protect your capital.
We expect that the price is going to move downwards, once it broke below the neckline you can enter short with a sell limit order.
Do not forget to put a stop loss above the double top to protect your capital.
Note
Formation still valid
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💥 Free signals and ideas ➡ t.me/vfinvestment
Related publications
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.