Hello friends,
on the weekly scale we see a head and shoulders pattern (which is not confirmed yet). The right shoulder may take some weeks to develope but if completed you should see a down move, around 39,00€.
A strong bearish weekly close below the "neckline" is an short signal.
🤞
on the weekly scale we see a head and shoulders pattern (which is not confirmed yet). The right shoulder may take some weeks to develope but if completed you should see a down move, around 39,00€.
A strong bearish weekly close below the "neckline" is an short signal.
🤞
Note
Right shoulder
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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.