Nasdaq (Double top)
As we can see the market re-tested the 13834.8 level, than after that continued with a downtrend,
A typical example of a double top, A double top pattern consists of several candlesticks that form two peaks or resistance levels that are either equal or near equal height. As we traders look to take sell positions after plotting of the neckline. This neckline can act as an entry point for going short
A typical example of a double top, A double top pattern consists of several candlesticks that form two peaks or resistance levels that are either equal or near equal height. As we traders look to take sell positions after plotting of the neckline. This neckline can act as an entry point for going short
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