📊 Market Analysis
On the 1 Hour timeframe, the market has formed a clear M Pattern (Double Top), which is a strong bearish reversal/continuation signal.
🔹 Price faced rejection twice at the highs
🔹 Each high is getting weaker, showing loss of buying pressure
🔹 The neckline has been broken successfully
🔹 Bearish momentum is clearly visible
📉 Based on this structure, the market is expected to move further downward.
As long as the price stays below the broken structure, the trend remains bearish.
⚠️ Disclaimer:
This analysis is for educational purposes only. Always use proper risk management before entering a trade.