This is my personal view and opinion
This is not a macroeconomic view
Let's deal with the chart
The head and shoulder pattern and the m pattern are perfectly formed in the weekly chart
Also, pattern m has not fully reached the support line
Negative divergence is observed in the rsi indicator
The market is bearish in dmi indicator
I do not want to scare you, but manage your capital
The market needs positive fundamentals
Good luck
This is not a macroeconomic view
Let's deal with the chart
The head and shoulder pattern and the m pattern are perfectly formed in the weekly chart
Also, pattern m has not fully reached the support line
Negative divergence is observed in the rsi indicator
The market is bearish in dmi indicator
I do not want to scare you, but manage your capital
The market needs positive fundamentals
Good luck
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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.