Rick, I see the 25/11 as being the key day. It's the sign the...

Rick, I see the 25/11 as being the key day. It's the sign the trend is in trouble. Combined with the 22/11, we see a double failure (on lower volume) to reach the previous high within this trend. The sharp pullbacks from 11.5 (on decreasing volume) that produce those wicks indicate the makers who bring the volume aren't participating in this drive and without them, it's unlikely the sellers above could be overcome. It's a case of supply overwhelming demand at that price point.

It doesn't always play out like this but in this instance it proved to be a predictor of the gradual decline as buying interest decreases. Even though there is a name for the pattern created by the candles on the 22/11 and 25/11, the important thing is to understand the buy/sell/volume mechanics behind these formations.