SPY SHORT: Double Top

22 ก.ย. 2019

though I have already shorted spy,
for now, there is another perfect selling setup for those who missed the trade.

on 4h chart the market has formed a classic double top pattern with lower high
and RSI divergence.
I trade this reversal pattern waiting for a bearish breakout of minor support beneath it.

T1 - 2945
T2 - 2900

Stop - 3028