We may derive the following from the Daily CLS chart:
1. Price tested the double top area once and may test it again before a move down. However, it could break to the upside.
2. We will need to wait and see what price does - either giving us a long continuation trade or short initiation.
3. Monitor price action and be patient.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price tested the double top area once and may test it again before a move down. However, it could break to the upside.
2. We will need to wait and see what price does - either giving us a long continuation trade or short initiation.
3. Monitor price action and be patient.
4. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.