From our previous analysis, price broke up which invalidated our short. We now have to go back and reassess what's going on. On the bigger timeframe we can see a head and shoulder pattern and we are approaching the right shoulder. Will be looking to see how we react there.
Goodluck and trade safe!
Goodluck and trade safe!
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Want more chart ups like this? Click the links below:
Free Telegram: t.me/Wicktator
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Forex VIP: t.me/WicktatatorVIP_bot
Related publications
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.