double top formation with a rejection at the neckline,
price went to the neck line and was immediately rejected
Although i trade using technical analysis 90% , this is the 10% of time that fundamentals come into play. I am not going into this trade strictly because FOMC is tommorow.
But i think it is a very much so a valid set up for those who would like to trade it.
feel free to put any ideas
price went to the neck line and was immediately rejected
Although i trade using technical analysis 90% , this is the 10% of time that fundamentals come into play. I am not going into this trade strictly because FOMC is tommorow.
But i think it is a very much so a valid set up for those who would like to trade it.
feel free to put any ideas
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