As we go to the bottom time frame you can see a pattern
Head and shoulders are forming and for that
The pattern can complete itself must the neckline
Broken upwards in addition to completing the pattern
Confirmation is also for the price increase
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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.