Price has developed clasiical head and shoulders pattern and broke multiple uptrend trendlines including neckline of formed pattern.
I expect two options now, first that price will retest previous structure from the bottom and will drop from there or we will get smaller timeframe correction and drop further.
Still bis is bearish and we should reach at least 0.90500
I expect two options now, first that price will retest previous structure from the bottom and will drop from there or we will get smaller timeframe correction and drop further.
Still bis is bearish and we should reach at least 0.90500
Trade closed: target reached
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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.