FAVCO Falling after double peak

 

Favco declining after testing at 1.85 resistance for the 2nd time and now it retracing ( Drop 10% in 2 days)

- Pattern - Double Peak ( Bearish)

 - High volume selling

- MACD - Bearsih

- RSI - Super Bearish ( broke 30%)

- Sto - Bearish)

Next Support at 1.63 / 1.57 / 1.5

Next Resistance 1.7 / 1.78/ 1.85