Price has put in a double top at a strong structure level (been tested multiple times) providing a good short trading opportunity at market.
Reasoning
- Double top @ strong structure
- 161.8 extension & 78.6 retrace fib confluence
- Big bear engulfing candle
Reasoning
- Double top @ strong structure
- 161.8 extension & 78.6 retrace fib confluence
- Big bear engulfing candle