Hi,
Price is testing the daily resistance, on the 1HR it is forming a nice little double top. Waiting for the hourly close below to sell on a retrace of the broken neckline.
Any feedback on the analysis would be appreciated, this is not a signal.
Thanks
Price is testing the daily resistance, on the 1HR it is forming a nice little double top. Waiting for the hourly close below to sell on a retrace of the broken neckline.
Any feedback on the analysis would be appreciated, this is not a signal.
Thanks
Commento:
So the price broke the neckline and went straight down to where my TP1 would have been without a retrace, this setup waiting for the retrace is now considered invalid.