Support and resistance are clearly defined. Fibonacci indicates strong resistance at level 0.618. on the 45-Min Timeframe. Waiting to see what candlestick shows next.
Question: Would this be considered a double top?
Key Points:
- Support and Resistance - Fibonacci indicator - Down Trend
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.