Monthly
We can see on monthly that we are at the top of the outer structure and we also have an ascending channel at the most recent price structure. all signs we could see a sell soon this is better as the sell is the bigger opportunity.
Weekly - We can see on this weekly time frame a lot clearly the ascending channel and also at the recent price structure we can see smaller ascending within the bigger ascending this build even more confidence in the sell being imminent.
we have more than three touches which means this pattern is complete and ready to drop we not have to look for an entry on the break of this channel or we can look for a risk entry at the top of structure is we see this move back up one more, its more likely to hover along the lower trend line and then drop from here but we forecast both and prepare for both.
Daily - Alarm set for the double top on the inner ascending channel would be happy setting a risk entry here to the downside
Break this down further on 4 hours and 1 hour to find a perfect entry for this pair. Happy Trading
We can see on monthly that we are at the top of the outer structure and we also have an ascending channel at the most recent price structure. all signs we could see a sell soon this is better as the sell is the bigger opportunity.
Daily - Alarm set for the double top on the inner ascending channel would be happy setting a risk entry here to the downside