Yo Traders,
Having a look at the GN daily TF it looks like it is forming the sloping down Head and Shoulders pattern. The right shoulder is still being formed almost approaching the neckline.
This is a long term play but from the looks of it price would be headed down for the next couple of weeks if this pattern completes.
I would be looking to go short based on the smaller TF and see how price moves
Lets wait and watch
Thanks
Madtradex
Having a look at the GN daily TF it looks like it is forming the sloping down Head and Shoulders pattern. The right shoulder is still being formed almost approaching the neckline.
This is a long term play but from the looks of it price would be headed down for the next couple of weeks if this pattern completes.
I would be looking to go short based on the smaller TF and see how price moves
Lets wait and watch
Thanks
Madtradex
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.