As we can see that the asset is simply following its all the conditions , like it went for the double top then from there it came down from the resistance.
Now following the box, It is going to show a down side as given by the Bearish Candle, But it might also go for the resistance line.
I will take the sell trade here because it seems to be a great opportunity.
Traders can follow the higher lows and Trail Stop loss to get handsome profit;
else Go for the given target.
Now following the box, It is going to show a down side as given by the Bearish Candle, But it might also go for the resistance line.
I will take the sell trade here because it seems to be a great opportunity.
Traders can follow the higher lows and Trail Stop loss to get handsome profit;
else Go for the given target.