Hi All,
Price has hit one of my local targets and the rejection has caused a mini double top. If it was to loose this level and find the neckline as a min resistance, then It would not surprise me that we retest the ATH as it hasn't so far and this DTop target has that, but first, it must drop below this channel level (blue lines)
Good area to buy and go long.
Bigger picture
All the best,
S.SAri
Price has hit one of my local targets and the rejection has caused a mini double top. If it was to loose this level and find the neckline as a min resistance, then It would not surprise me that we retest the ATH as it hasn't so far and this DTop target has that, but first, it must drop below this channel level (blue lines)
Good area to buy and go long.
Bigger picture
All the best,
S.SAri
Commentaire:
Already started
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I'm leaning towards this scenario, especially if price doesn't drop.
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RSI and other indicators might help suggest this as the local bottom.
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This community has signals now but with no risk management comms.
