This is a simple and basic trade setup to sell from the top of a ranging pattern.
So in this case, the price has climbed from the bottom of a symmetrical triangle to the top again.
In that process, 3 bullish waves were formed and the price is likely to pull back before it can climb further into a new trend.
Would you sell at the top right now?
So in this case, the price has climbed from the bottom of a symmetrical triangle to the top again.
In that process, 3 bullish waves were formed and the price is likely to pull back before it can climb further into a new trend.
Would you sell at the top right now?
