Mercedes about to drive down.
Updated
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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