Hello traders
I see a 2618 reversal level here. Price broke the adam & eve neckline and reached the target of the pattern. Now it is at the fibo 0.618 of the last upmove.
The other point is the possibility of a H&S reversal.
If this set up works the targets will be as shown in the chart
I see a 2618 reversal level here. Price broke the adam & eve neckline and reached the target of the pattern. Now it is at the fibo 0.618 of the last upmove.
The other point is the possibility of a H&S reversal.
If this set up works the targets will be as shown in the chart
Note
did not hit the target 1 but looks good for now
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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.