We have a classic head and shoulders pattern in development on weekly timeframe.
Watch for a breakout of neckline to dowside which we might get soon.
Before entering the trade you can wait for retest and rejection of the neckline from bottom side
Watch for a breakout of neckline to dowside which we might get soon.
Before entering the trade you can wait for retest and rejection of the neckline from bottom side
Note
BreakoutNote
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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.
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.