Triple Top Forming

13 авг. 2020 г.

Triple top is forming around key resistance zone.
Tendline is being respected.
Price is reaching oversold territory on the RSI.
A lot of wick rejections in M15.
I expect price to drop soon.
I'm going short on this one.

13 авг. 2020 г.

Сделка закрыта: достигнута стоп-лосс цена

Price hit my SL before going back down towards small profit, and then bouncing away again from that support/resistance zone. Price is either going to keep going back up, or it will go down to break and retest the horizontal level, creating a head and shoulders pattern.