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DOUBLE TOP 2
Hi Everyone,
Shared an idea earlier on but for some reason I think because it was 1 min chart trading view made it private.
Check the link to my related idea to see the 1 min chart and the double top patterns
So basically if you look at the 1 min chart from last night to this morning, you would have seen that WRX formed 2 double tops and we both know these are extreme bearish reversal patterns and currently we now have support at the 3.8 range.
But if you sold at $4.5 range like I stated in my previous idea, you should be smiling as i stated our next resistance would be $4.5 which looking at the 24 hour high, I was correct giving you the opportunity to add a few more tokens at the bottom. I'll try and keep you guys updated.
Always try and watch out for the patterns and trends.
Just want to state this analogy. if you keep banging on a door eventually it will become weak and break. The longer WRX stays at this support level of $3.8 it might and probably will get weaker and we might break to the downside with the next Support level @$3.6 range
Shared an idea earlier on but for some reason I think because it was 1 min chart trading view made it private.
Check the link to my related idea to see the 1 min chart and the double top patterns
So basically if you look at the 1 min chart from last night to this morning, you would have seen that WRX formed 2 double tops and we both know these are extreme bearish reversal patterns and currently we now have support at the 3.8 range.
But if you sold at $4.5 range like I stated in my previous idea, you should be smiling as i stated our next resistance would be $4.5 which looking at the 24 hour high, I was correct giving you the opportunity to add a few more tokens at the bottom. I'll try and keep you guys updated.
Always try and watch out for the patterns and trends.
Just want to state this analogy. if you keep banging on a door eventually it will become weak and break. The longer WRX stays at this support level of $3.8 it might and probably will get weaker and we might break to the downside with the next Support level @$3.6 range
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