A bearish head and shoulders pattern is forming.
If it closes below 141.54 on the 4-hour timeframe, the pattern may be activated.
Targets are 132, 120, and 108.
Invalidation occurs if the high of the right shoulder (168.22) is broken.
If it closes below 141.54 on the 4-hour timeframe, the pattern may be activated.
Targets are 132, 120, and 108.
Invalidation occurs if the high of the right shoulder (168.22) is broken.
Note
Still intact
Trade active
Pattern activated
Note
Tp 1 reached
Trade closed: target reached
Trade closed manually.
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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.