In the weekly timeframe, we have formed a curb pattern, which at the same time hit the middle channel and caused the price to return. At the moment, by hitting the roof of the channel, we are pulling back to the neckline of the previously formed head and shoulder pattern. The suitable area for buy, is the neck line, which is indicated by a purple circle
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.