DislikedIt doesn't mean anything unless tomorrow's close is bearish my friend. This was what that had got many people in so much trouble buying off the D1 hammer off the D1 EU & D1 GU a few days ago. You need a confirmation bearish/bullish candle to trigger the validity of those hammers/pinbars.
And it is not a double top. A double top is a top reversal pattern, which in this case is not. The first wick highlighted on the 18th & 19th of April came on the back of a consolidation period in a downtrend. The current daily wick at the 75.5 resistance...Ignored
I honestly hope people will unlearn that single pinbar/hammer/doji bollocks. It's like a coin toss when using them without confirmation candles. They can be very costly, especially when you take them from the HTF.
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Thank You