Cadrado (ADAUSD): Bearish Signal Explained

٣٠ مارس ٢٠٢٣

ADAUSD reached a solid horizontal daily structure resistance.
Approaching that, the price formed a double top pattern on 1H time frame.
Its neckline was broken then.

I will expect a retracement from the underlined blue zone.
Goals will be 0.365 / 0.355

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