Price has formed a double top pattern in the 15 minute timeframe after creating a change of character.
A reversal can be expected as it has also created a bearish engulfing candle in the resistance zone.
We could potentially see price reverse to the 15 minute swing low of 1955 and possible a second target of 1953.5 which is the neckline support zone.
A reversal can be expected as it has also created a bearish engulfing candle in the resistance zone.
We could potentially see price reverse to the 15 minute swing low of 1955 and possible a second target of 1953.5 which is the neckline support zone.