US 30 Potential Sell-Setup

Jun 18

US30USD

Taking a look at the 2 hr time frame. I noticed that price created and confirmed a double top, which is a top reversal. Also at the closest structural level of support price also formed a inverse head and shoulders pattern on the same time frame. In this battle of patterns, let's see if the double top holds after being retested by price.

If price does not respect the highs, wait on a clear close above the double bottom pattern that was printed and we can enter the buy on the retest of that broken level of resistance.