As it can be clearly inferred from the chart, a massive Head and Shoulders pattern has been formed on the Daily timeframe. We are now waiting for more confirmations before opening short positions and aiming for the area identified on the chart
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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.