Price has made a bearish reaction once again to key level resistance 108.850, along with trendline resistance. Price is showing signs of pushing back lower as todays candle closure is showing some bearish momentum..
Kommentera:
Weekly Timeframe: Spinning top indecision candlestick made rejecting key level
Kommentera:
H4: Double top formation formed at key resistance level showing buyers failed to break above this level, then a rejection was made & price has broken through support (light blue line) now rejecting as new resistance again & formed a bearish pin bar.