📊#BTC Double Top Bearish Structure, Beware of Pullback📉
🧠From a structural perspective, we broke below the neckline of 106510, which means that the bearish double top pattern is established, so we need to be wary of the coming of a plunge.
➡️As I said in my last analysis, we stabilized and rebounded after testing the support near H1, but I was not satisfied because my order was swept after I moved up the SL, so we cancelled the risk and also meant that we might cancel the possible future profits.
➡️However, I still succeeded because I stuck to my trading plan and tried some short trades after the price rebounded near the blue resistance line. 50% of the profit has been locked in because I am worried that the market will jump back and forth between support and resistance, and there is a gap to be filled near 109200.
⚠️If we fail to hold the support near 106500 tomorrow, then we will see a plunge.