After a strong trending movement from few weeks,
price is near its resistance level,
now it is in the form of Head and Shoulders pattern..which is a reversal pattern..
wait until price breaks the Neckline and retest...then will enter for Short side...
keep track this for Short side, if breaks neckline...until wait and watch.
price is near its resistance level,
now it is in the form of Head and Shoulders pattern..which is a reversal pattern..
wait until price breaks the Neckline and retest...then will enter for Short side...
keep track this for Short side, if breaks neckline...until wait and watch.
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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.