Strong bullish pressure has came into play creating possible double top on the Daily Chart. In the previous weeks we see price creating a nice rising wedge pattern. This is where we see bullish volume depleting. Finally we have a break of bullish uptrend. Looking for strong bearish pressure to come in to play. Looking for further downside. Confirmation for entry is needed.
My post are for educational purposes. My post are not signals! Trade at your own risk! Happy Trading!
My post are for educational purposes. My post are not signals! Trade at your own risk! Happy Trading!