SNXUSD head and shoulders pattern (NEW)
Updated
SNXUSD is creating a head and shoulders pattern.
If it breaks down, we will see 30 % drop.
Target: 1,65 usd would be a potential higher low .
Entry: breakout of the neckline
Stop loss: 2,918
If it breaks down, we will see 30 % drop.
Target: 1,65 usd would be a potential higher low .
Entry: breakout of the neckline
Stop loss: 2,918
Order cancelled
trade idea invalidated. The price didn't break the support so the short position was not taken. No gains, no loses
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