Price is forming a double top on the 4h time frame, around the 70-80% retracement level from the previous bearish push. Price broke the neckline of the double top and now we are waiting on signs of bullish exhaustion for a retest confirmation to get into the sell.
BREAK & RETEST
The green zone is where I am waiting for a re-test of neckline for my entry and green line is marking where I started looking for an entry.
BREAK & RETEST
The green zone is where I am waiting for a re-test of neckline for my entry and green line is marking where I started looking for an entry.