We see a bounce of the descending channel leading to a potential Inverse Head and Shoulders which usually signals for a trend reversal.
We also see a complete head and shoulders on the RSI which.
Not financial advise
We also see a complete head and shoulders on the RSI which.
Not financial advise
Note
Guess I was not right. Exiting trade if current 4h candle closes below 7100Trade active
Guess miracles do happen. Trade active
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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.