Bearish Head and Shoulders is about to form
It broke down from the rising wedge but recovered a bit. Now it's forming an H&S.
I am just an amateur, practicing. Do not trade this.
I am just an amateur, practicing. Do not trade this.
Note
The right shoulder can top between $39,800 (lower left shoulder peak) and $40,300 (lower head peak). So it's an area, not a line.
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