The first piece of evidence that this might be a top was when the 9 period moving average crossed the 18 period moving average.
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This is referred to as the intrinsic value.
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Also when a channel is in force we can respond to trend violation by having a recognizable entry level to trade the new trend.
money selling your
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The development of support and resistance levels is probably the most noticeable and reoccurring event on price charts.
Think of it like this, when you buy something you now own it.
As you continue tossing the coin you decide to keep a record of how many times heads or tails comes up.