price chart:
-we have a bullish trend that failed to make a higher high, it signals the end of the bullish trend. SIGN OF A DOWNTREND
- we have a double top pattern which is a bearish reversal pattern, it occurs at the end of a bullish trend. SIGN OF A DOWNTREND
RSI:
-we have a triple top formation (bearish reversal pattern) after an uptrend. SIGN OF A DOWNTREND
-the RSI indicator broke from above to below 50. SIGN OF A DOWNTREND
-we have a bullish trend that failed to make a higher high, it signals the end of the bullish trend. SIGN OF A DOWNTREND
- we have a double top pattern which is a bearish reversal pattern, it occurs at the end of a bullish trend. SIGN OF A DOWNTREND
RSI:
-we have a triple top formation (bearish reversal pattern) after an uptrend. SIGN OF A DOWNTREND
-the RSI indicator broke from above to below 50. SIGN OF A DOWNTREND