We have price on the daily forming a lower low and a lower high, price comes back up to form a double top, and again makes a move to the downside, looking for further downside movement.
Confluences
Double top
Break of trend line
Daily lower low
Break of daily and 4 hourly 50ma
Awaiting 4 hour close
Confluences
Double top
Break of trend line
Daily lower low
Break of daily and 4 hourly 50ma
Awaiting 4 hour close
Comment:
still not active trade, waiting for price to break support at 79.474