Possible double top reversal pattern. A close below the wave and we will be taking a short position targeting our Monthly chart out looked published earlier.
Price did not confirm double top with a close below the wave and mad a new high. For us its still with in a reversal zone. We are are still looking for a confirmed reversal pattern. This is a good exercise in having a confirmation in your trading methodology. We wont enter a trade where we are trading tops and bottoms without