1- Price action has formed a broadening wedge pattern which represents a bearish move in price action to the downside.
2- the price just made it up to a strong level of resistance and gave a simple price action pattern ( double top ), pull down is strongly expected.
>>In addition to the Tweezer Tops pattern it provides the reasons to expect the price to FALL!
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2- the price just made it up to a strong level of resistance and gave a simple price action pattern ( double top ), pull down is strongly expected.
>>In addition to the Tweezer Tops pattern it provides the reasons to expect the price to FALL!
Hello Traders 👋If you find this analysis useful, please support me with your likes and comments.