What i see coming up.
The chart has printed one of the continuation pattern to the downside on the 4hour.
I can see it play out in the following manner .
Its been failing to cross above and when you switch to lower time frames like your 1 hour you see the confirmation for entries. You can see signs of a double top being printed. This would be a clear sign of a reversal.
Keep in mind on what could in validate this set. Is if it breaks above and move way past the previous highs.
Please share your thoughts on this post
The chart has printed one of the continuation pattern to the downside on the 4hour.
I can see it play out in the following manner .
Its been failing to cross above and when you switch to lower time frames like your 1 hour you see the confirmation for entries. You can see signs of a double top being printed. This would be a clear sign of a reversal.
Keep in mind on what could in validate this set. Is if it breaks above and move way past the previous highs.
Please share your thoughts on this post