a prominent head and shoulders pattern has taken shape, with the price currently positioned at the pinnacle of the right shoulder. This pattern suggests a potential reversal from the prevailing uptrend, as the right shoulder's formation signals exhaustion among buyers
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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.