RDNUSD shows a >>possible "head and shoulders" pattern<< If it brakes the neckline then the price can fall to ChannelFibo-0.78 where both CF-0.78 and the uptrend line support the reversal.
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Good news is that the HS neckline did not broke and the long term forecast of RDNUSD is still valid
Note
Check my long-term analysis of RDNUSD-RDNBTC based on the weekly trading pattern.
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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.