this is a potential double top position that I've identified with this pair, it looks as though the stock is heading back to resistance and if it doesn't break the resistance could be looking at a confirmed double top with a send to previous reports, analysis done on 45 minute chart was a quick trade idea, don't think I'm going to enter but going to watch to see how it plays out, good luck!
Kommentera:
- adjusted tp and executed trade, should've spotted that support, holding longer term we should see a continuation of the down trend pattern