Price formed bullish engulfing candle and is lining up for a nice short opportunity. Price have a lot room to the downside but we have to wait if price will form a nice double top pattern in which case we will have a great setup with great R:R ratio. I will not entering long position here because I will rather wait for a nice opportunity too go short.

If you like my idea please press LIKE and you are welcome to share your thoughts in comments.
Double Top or BottomMultiple Time Frame AnalysisSupport and Resistance

คำจำกัดสิทธิ์ความรับผิดชอบ