Bearish Bias
- Trend line resistance test
- high volume proflie node test as resistance
- supply zone
- commonality between move from 5/27 to 5/30, and current move from 6/17 to 6/21 both in time and price movement
I saw this setup where all the target profits of this Bullish Gartley were met but noticed a Double Top pattern forming. I decided to analyze this setup and found Commonality Zones at two different Fibonacci points (78.6%) that were acting as Resistance.
Also, I spotted a Harami Candlestick pattern that acted as my sell signal. Overall this trade reached my...