A three drive pattern failure followed by the formation of Head and Shoulders and the price broke down below the neckline. This is indicating a strong bearish move with downside momentum below 1690 courtesy confluence of bearish signals.
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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.