Price is at the TOP of the channel, Bearish engulfing at the top of channel is welcome sign.
It has formed head and shoulder pattern.
Once the price crosses the neckline we will have the confirmation and target is down south.
Keep a watch.
It has formed head and shoulder pattern.
Once the price crosses the neckline we will have the confirmation and target is down south.
Keep a watch.
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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.