Price this week has formed a potential head on shoulders pattern after failing to break the supply zone, which lead to a sell off today. Price broke through the neckline, & a retest of the previous support as resistance on the lower timeframe I am anticipating for price to resume lower again as the overall trend is still in a downtrend making lower lows & highs.
Note
Order cancelled
Invalidated, no setup.
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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.