Price is currently testing the neckline. Just beneath we have support. Once price breaks below those areas the fall would be heavy and steady and to the target with respect to the rules of pattern formation and target projection. You currently have what is referred to as a head and shoulders pattern.
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.