Hi,
Criteria:
1. Confirmed Double Top - bearish chart pattern
2. Neckline retest
3. Trendline retest
4. The orange box marks a strong area - only powerful candles managed to break this level.
5. The round number 121.000
6. Fibonacci retracement 38%
7. 4H EMA200
8. Weekly "Bearish Engulfing"
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Regards,
Vaido
Criteria:
1. Confirmed Double Top - bearish chart pattern
2. Neckline retest
3. Trendline retest
4. The orange box marks a strong area - only powerful candles managed to break this level.
5. The round number 121.000
6. Fibonacci retracement 38%
7. 4H EMA200
8. Weekly "Bearish Engulfing"
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Regards,
Vaido
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
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.
🔍I do the technicals - so You don’t have to.
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
📊Follow my research on Substack:
👉vaido.substack.com/ - ENG
👉vaidoveek.substack.com/ - EST
🚀 Actionable market analysis, ideas, and education
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.