CMG: Double Top
Double Top
Pros:
Descending volume during formation
RS flat but above 0
R/R ratio above 5
ATR flat
Cons:
PPS above 50MA and 200MA
200MA ascending
250RSI above 50
If confirmed:
PT = 1015.76$
Pros:
Descending volume during formation
RS flat but above 0
R/R ratio above 5
ATR flat
Cons:
PPS above 50MA and 200MA
200MA ascending
250RSI above 50
If confirmed:
PT = 1015.76$
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