Good Morning Traders! My analysis is based completely off of bearish sentiments. With that being said, I've identified a Double Top Formation on the 15 minute time-frame. As well as a Head & Shoulders Reversal Pattern. In addition to that, my EMA & WMA just performed a Bearish MA Crossover. A Doji recently tested my smaller EMA & failed to break. Which adds to the bearish call. I'm expecting possible pullback to indicated level. If price fails to break through that zone, I predict bigger bearish movements. What do you think about my new chart layout?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.