Double Top
Pros:
Descending volume during formation
PPS below 50MA
RS flat
200MA Flat
R/R ratio above 5
250RSI Below 50
Cons:
ATR ascending
PPS still above 200MA
If confirmed:
PT = 1.36$
Pros:
Descending volume during formation
PPS below 50MA
RS flat
200MA Flat
R/R ratio above 5
250RSI Below 50
Cons:
ATR ascending
PPS still above 200MA
If confirmed:
PT = 1.36$