Price failed to fully form an inverted head and shoulders pattern.
On the 4H timeframe, the price broke the downtrend, re-tests, but does not go under it.
I expect a rebound to the resistance level indicated on the chart.
On the 4H timeframe, the price broke the downtrend, re-tests, but does not go under it.
I expect a rebound to the resistance level indicated on the chart.
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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.