cup pattern

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In general, the market has hit the major ceiling very quickly and has moved upwards
There were certainly many buy orders at the major ceiling that moved up very quickly after being hit
So the market can move down very calmly and confidently, or the same as the major ceiling, because there are no more buy orders and everything is done.
Similarly, the MACD indicator also shows the downward trend because the trend is weakening and moving downward
This movement can be compared to a cup pattern
So we enter with a short position
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This is a major heart attack!
Beyond Technical AnalysisFundamental AnalysisTrend Analysis

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