Double Top

١٢ أغسطس ٢٠٢٠

Double top in a zone. Shorting now!

١٢ أغسطس ٢٠٢٠

تم فتح الصفقة

False breakout almost hit SL, and hitting my trendline as resistance. Price is now slowly heading down to entry.

١٣ أغسطس ٢٠٢٠

ملاحظة

Price went back up and almost hit SL again. Triple top seems to be forming. Here is my new analysis:

١٣ أغسطس ٢٠٢٠

أغلقت الصفقة: تم الوصول لوقف الخسارة

Price hit my SL before going back down towards entry, and is now bouncing away 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.