Price has formed a pretty nice shoulder and head. Now waiting on price action confirmation for the second shoulder to form. This looks great to short.
Another catalyst is the broken trendline, indicating a reversal of trend.
Let's wait for London to open and see how this trade will do!
Another catalyst is the broken trendline, indicating a reversal of trend.
Let's wait for London to open and see how this trade will do!
Note
Price moved down beautifully
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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.