Traders,
Double top at a historical resistance zone shows this level is a strong ceiling. After an up daily candle there was a bearish kicker signal, confirming resistance zone, and double top levels have held, with investors clearly acknowledging the level for downside. Could potentially be a good trade for next week.
Double top at a historical resistance zone shows this level is a strong ceiling. After an up daily candle there was a bearish kicker signal, confirming resistance zone, and double top levels have held, with investors clearly acknowledging the level for downside. Could potentially be a good trade for next week.
