Possible Bearish Scenario...

121
Good morning Traders! Support my Analysis with a Like if you agree...

A Double Top Formation is being formed on the Daily time-frame. Price recently failed to close above Pivots, which followed up with a failure at the 50 Moving Average.(Blue On Chart) A local level of support has been identified @135.88. A break of that level could indicate a meltdown towards the 133 price zones. This is a Bearish sentiment following my Bullish Sentiment I predicted earlier this week. Refer to related ideas.

Comment Your Ideas Below

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.