potential bearish entry
Dow Theory in Place: Lower High and Lower Low Expected in Place
The double top, coupled with bearish divergence (a bearish reversal pattern), breaks out the neckline at 1.35899.
The price action is forming a bearish flag, and it is expected that the price action will continue the bearish trend.
Entry, SL, and TP levels are defined.
Dow Theory in Place: Lower High and Lower Low Expected in Place
The double top, coupled with bearish divergence (a bearish reversal pattern), breaks out the neckline at 1.35899.
The price action is forming a bearish flag, and it is expected that the price action will continue the bearish trend.
Entry, SL, and TP levels are defined.