-Price has been in an overall bullish trend
-Price then met resistance at a weekly resistance/supply level.
-Price met resistance and formed a double top candlestick reversal pattern, hinting that price was ready to make a reversal.
-I am looking to go long once price either close as a reversal candlestick and/or form a candlestick reversal pattern on a lower time frame.
- I am anticipating price to make another attempt a bearish push, before continue in the initial bullish trend.
-Price then met resistance at a weekly resistance/supply level.
-Price met resistance and formed a double top candlestick reversal pattern, hinting that price was ready to make a reversal.
-I am looking to go long once price either close as a reversal candlestick and/or form a candlestick reversal pattern on a lower time frame.
- I am anticipating price to make another attempt a bearish push, before continue in the initial bullish trend.