Analysis:
My analysis indicates a bearish sentiment, especially after a strong move up. Now, we expect the price to come back down. The 1-hour timeframe (1H) reveals the head and shoulders pattern. For a precise entry, the 5-minute timeframe (5M) should be used to identify the sniper entry point.
My analysis indicates a bearish sentiment, especially after a strong move up. Now, we expect the price to come back down. The 1-hour timeframe (1H) reveals the head and shoulders pattern. For a precise entry, the 5-minute timeframe (5M) should be used to identify the sniper entry point.
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.
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.