Nice, simple & clean. Double top, neckline has already been broken, now we just need to look for the retrace - its always possible that this wont give a full retrace, or it may even over extend to the bodies of the candles on the neckline. nice drop off on the MACD across the peaks, and a trend break to vouch. Price action also looking very nice for the bears. I'm looking for this to push up a little, then short this pair. As always with these patterns, targets are fib extension - 1 & 1618 of the pattern itself.
I will be in the LTF's looking for confirmed short entries.
I will be in the LTF's looking for confirmed short entries.