1h Chart:
H&S pattern, touched the neckline -> Sell signal
Clear bearish RSI divergence on most recent tops
Bearish crossover on MACD
Broke down below 100 and 200 MA
Target 1 - 116-118 USD
H&S pattern, touched the neckline -> Sell signal
Clear bearish RSI divergence on most recent tops
Bearish crossover on MACD
Broke down below 100 and 200 MA
Target 1 - 116-118 USD
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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.