Double Top
Pros:
Descending volume during formation
PPS below 50MA
R/R ratio above 7
Cons:
ATR ascending
RS ascending and above 0
PPS still above 200MA
250RSI above 50
If confirmed:
PT = 39.54$
Pros:
Descending volume during formation
PPS below 50MA
R/R ratio above 7
Cons:
ATR ascending
RS ascending and above 0
PPS still above 200MA
250RSI above 50
If confirmed:
PT = 39.54$