Reverse Head and Shoulders Pattern forming?
Looks like a Reverse Head and shoulders pattern forming possibly. Longs might want to hold off. Shorts get ready.
Note
My crystal ball and several kind viewers have informed me the red arrow should be pointing upwards. Cancel those sell orders. Buy Buy Buy!
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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.