Plan to open PUT if the market open on Dec 14 lower than the 61.1, 1st target 59.2 and the next 54.9. Stop loss at 50% of Dec 11 candle $62.
The False Break is highly visible here, with struggling buyers trying to justify the big volume, but avail. Put a Sell Stop order under the price of 52 and take profit #1 around 50.5. If it breaks the round 50, then the SHORT is stronger, and a second profit should be made around the GAP.
We are talking about double top.
The graph is at the lower border of the upward trend.
History repeats itself?.
I see there are different types of support at the same time.