$AERO Bearish Signal -37% Potential Drop
AEROUSDT.P ChartDaily time frame created and bearish divergence on the RSI and now starting to produce lower highs.
Head & Shoulders pattern forming, which would lead to a 37% drop to the Point of Control around $0.74.
There is good support around $1.00, if this is broken it will be a fast drop.
Always have proper risk management, NFA.
Happy Trading :)
Trade closed: stop reached
SL hit. Market very bullish!
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.