What I can see from my technical analysis is a H&S pattern forming with the pattern attempting to complete the right shoulder of the pattern
This approach is more of a swing trade approach with a mid term timeframe to hit the target.
Confirmation of this pattern would be a break in the H&S neckline towards the downside.
Goodluck.
This approach is more of a swing trade approach with a mid term timeframe to hit the target.
Confirmation of this pattern would be a break in the H&S neckline towards the downside.
Goodluck.
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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.