Structure: Uptrend switch to Short Term Downtrend Moving Average: 200 SMA Holds, but 15 EMA/50 SMA Death Cross Trendline: Long Term Uptrend Line Holds Pattern: Double Top Reversal, Neckline Broken Trigger: Huge Reversal Candle in Daily Timeframe Support: 58, 55 Resistance: 62.27, 64.47
Wait for Rebound to 62.30, a retest to neckline resistance, possible a lower High, Short if 4H Reversal Candle formed SL: 65.65 1st Target: 58 2nd Target: 55