We are near a strong resistance, almost touching the 0.5 Fibonacci and on top of my stoch.
If we have a double top this will definitely be an opportunity for me to short, the purple arrows show some of the TP it could reach
Warning, it's still bullish long term in my opinion
If we have a double top this will definitely be an opportunity for me to short, the purple arrows show some of the TP it could reach
Warning, it's still bullish long term in my opinion
Trade closed: target reached:
Another absolute win, i'll close my shorts and watch for a bounce, or a follow through if it breaks the yellow line