All signs point to a short position over the next week.
Double top pattern formation (black arrows)
Compression at the weakened resistance level. Both MACD and Volume show weakening trends with the rebound trajectory short.
Cup and handle forming with the handle on the right side of the chart we.
We will lose long term support over the next few days
Compression at the weakened resistance level. Both MACD and Volume show weakening trends with the rebound trajectory short.
Cup and handle forming with the handle on the right side of the chart we.
We will lose long term support over the next few days
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