Hello everyone, if we focus on the chart, we will see a possible head and shoulders formation, and we will also see a bullish flag indicating a decline. We also have a consolidation area at the top that was broken downwards to continue the decline, in addition to the German GDP (Sabe), which indicates a decline in the Eurozone, especially the selfish economy, the strongest economy in the Eurozone, which supports our analysis.
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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.