XAUUSD potential double top formation on Daily frame
A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs.
.we suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
traders!! if you like my ideas and do take the same trade as I do, please write it in the comment so we can manage the trade together.
.we suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
traders!! if you like my ideas and do take the same trade as I do, please write it in the comment so we can manage the trade together.
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