*FOR EDUCATIONAL PURPOSES ONLY.*
TOP DOWN ANALYSIS - 4HR TO 15MIN TECHNICALS ACCOUNTED FOR.
PRICE HAS REACHED AND BEEN REJECTED BY A KEY RESISTANCE LEVEL.
PRICE ACTION FORMED DOUBLE TOP PATTERN.
ANTICIPATING A PUSH DOWN TO NEAREST KEY SUPPORT/DOUBLE TOP PATTERN NECKLINE.
1:2 RISK REWARD MAINTAINED.
STOP LOSS ABOVE RESISTANCE.
*FOR EDUCATIONAL PURPOSES ONLY.*
TOP DOWN ANALYSIS - 4HR TO 15MIN TECHNICALS ACCOUNTED FOR.
PRICE HAS REACHED AND BEEN REJECTED BY A KEY RESISTANCE LEVEL.
PRICE ACTION FORMED DOUBLE TOP PATTERN.
ANTICIPATING A PUSH DOWN TO NEAREST KEY SUPPORT/DOUBLE TOP PATTERN NECKLINE.
1:2 RISK REWARD MAINTAINED.
STOP LOSS ABOVE RESISTANCE.
*FOR EDUCATIONAL PURPOSES ONLY.*
Comment:
TAKE PROFIT HIT. +2%