Price has formed a powerful head on shoulders reversal pattern here, breaking below support to finish off last week with a bearish engulfing candlestick. In the weeks again, I am anticipating price to make its way towards the neckline, & if that is broken then a completion of the pattern could occur in the near future.
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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.