Inside a descending price line, it forms an inverted head and shoulders pattern. If it continues forming the pattern, it will fall to 1.18632, then it will rise again.
And when the neckline is breached, its targets will be 1.21211 - 1.21666 - 1.22047.
And when the neckline is breached, its targets will be 1.21211 - 1.21666 - 1.22047.
Note
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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.