Triple Top Forming

13 Ağu 2020

Triple top is forming around key resistance zone.
Tendline is being respected.
Price is reaching oversold territory on the RSI.
A lot of wick rejections in M15.
I expect price to drop soon.
I'm going short on this one.

13 Ağu 2020

İşlem kapandı: durdurma seviyesi

Price hit my SL before going back down towards small profit, and then bouncing away again from that support/resistance zone. Price is either going to keep going back up, or it will go down to break and retest the horizontal level, creating a head and shoulders pattern.