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Building Momentum
Pound Inggris / Dollar AS
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Building Momentum
Oleh Phaada_Abraham
Ikuti
Ikuti
25 Agu 2022
2
25 Agu 2022
Price back to a zone of resistance creating a double top after almost reaching my target. Partials were taken and still left the trade to run.
On moving closer to the area of resistance, it created another short opportunity which I took aggressively with same stops as the my first entry.
Seeing that double top indicated to me that price is gathering momentum to the down side. That gave me more confluence hold short.
Also, double top in a down trend indicates a continuation to the downside.
I'm still very bearish.
Chart Patterns
Fundamental Analysis
Trend Analysis
Phaada_Abraham
Ikuti
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Price Used Us.
oleh Phaada_Abraham
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