Keep it simple.
After the brake of the neckline of the head and shoulders pattern, WE CAN SEE A RETEST OF THIS NECKLINE WITH A DOUBLE TOP.
This level is also the 0.786 Fibo Retracement.
Confluences: - Head and Shoulders
- Resistance level
- 0.786 Fibo Retracement
- 8 EMA
- Double Top
Enough to call this sell in the current price.
SL: $107.50
TP: $94
This level is also the 0.786 Fibo Retracement.
Confluences: - Head and Shoulders
- Resistance level
- 0.786 Fibo Retracement
- 8 EMA
- Double Top
Enough to call this sell in the current price.
SL: $107.50
TP: $94
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