hello guys...
the chart shows a forming head and shoulders pattern! a double one!
I think it will touch the gray area to form the next double right shoulders, afterwards, it will reach the neckline level (I've shown it as a dashed-line)!
if the dashed line breaks up the price will touch the $85k level!
let's see!
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✓✓✓ Always do...
On the right(Daily Chart) is the main highlight of the week. Having the Double-Headed Head and Shoulders trading setup that fulfils my trading filters for Head and Shoulders.
That being said to engage a trade-off, the Daily Chart is something I seldom do.
I'm looking for a buying opportunity of a lower timeframe, such as the Bullish Gartley Pattern on the...