Double Top
Pros:
Descending volume during formation
PPS below 50MA
R/R ratio above 6
RS flat but still above 0
ATR flat
Cons:
250RSI above 50
200MA ascending
PPS above 200MA
If confirmed:
PT = 125.76$
Pros:
Descending volume during formation
PPS below 50MA
R/R ratio above 6
RS flat but still above 0
ATR flat
Cons:
250RSI above 50
200MA ascending
PPS above 200MA
If confirmed:
PT = 125.76$