Good holding of 1.618 ratio between head and shoulder;
Shoulder at 1180 area;
If break through 1180 H&S will fail (signal of downward trend continuation). H&S target points at 1220 area.
Shoulder at 1180 area;
If break through 1180 H&S will fail (signal of downward trend continuation). H&S target points at 1220 area.
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
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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.
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
Related publications
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.