Double Top Reversal Breakout
The chart has formed classical double top pattern and broke the neckline today. This simple pattern does not need much explanation so one can trade it easily. RSI below 50 is also confirming the trade.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Trade active
Note
Trade is doing well as expected from double top pattern. Booked part profit in target and erst is continuing with trailing SL.Trade closed: target reached
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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.
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.