📊 Key Events This Week ~ 1. October Housing Starts data - | Market_tracker on Binance Square

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📊 Key Events This Week ~
October Housing Starts data - Tuesday
Nvidia, NVDA Reports Earnings - Wednesday
Philly Fed Manufacturing Index - Thursday
October Existing Home Sales data - Thursday
S&P Global US Manufacturing PMI data - Friday
MI Consumer Sentiment data - Friday

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#usefulmaterial #LearnAndEarn Rounded top. A rounded top is a trend reversal pattern that can be used to determine the end of a trend. The rounded top looks like an inverted letter ''U'', that is why it is sometimes called ''inverted saucer'' in technical analysis books. This figure signals the reversal of an uptrend and the possible beginning of a downtrend. This means that a rounded top may indicate the possibility of opening a short position. In the above chart, what the rounded top pattern looks like: 1 Uptrend; 2 Rounded top; 3 Neck line. For this pattern to form, price must first rise sharply and then move horizontally for some time, forming a rounded top. Eventually, the price falls below the neckline. How to trade on the figure of rounded top: You should open trades using this figure at the base of the neck line. As soon as the price breaks through the neckline and the candle closes behind it, you can enter a "Short" trade. Or my team and I recommend to wait for the retest of the broken level. That gives a higher probability of closing the deal on take profit. Stop loss is always placed behind the level.

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FREESIGNAL $DOGS Long : •Entry From current price till 0.000641$ Swing Trade.

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