Pattern: Head & Shoulders on 1D.
Signal: Sell as the price is forming the Right Shoulder of the pattern, after which a strong selling sequence should technically follow. Also the RSI has been on a bearish divergence since June 18.
Target: 90.000 (just above the 0.9 Fibonacci retracement level, in line with the previous bearish sequence).
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Signal: Sell as the price is forming the Right Shoulder of the pattern, after which a strong selling sequence should technically follow. Also the RSI has been on a bearish divergence since June 18.
Target: 90.000 (just above the 0.9 Fibonacci retracement level, in line with the previous bearish sequence).
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> GJMRealEstate
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👑Best Signals (Forex/Crypto+70% accuracy) & Account Management (+20% profit/month on 10k accounts)
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.