hello guys...
the chart shows a forming head and shoulders pattern! a double one!
I think it will touch the gray area to form the next double right shoulders, afterwards, it will reach the neckline level (I've shown it as a dashed-line)!
if the dashed line breaks up the price will touch the $85k level!
let's see!
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
the chart shows a forming head and shoulders pattern! a double one!
I think it will touch the gray area to form the next double right shoulders, afterwards, it will reach the neckline level (I've shown it as a dashed-line)!
if the dashed line breaks up the price will touch the $85k level!
let's see!
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Note
the price made a double top in the 1h time frame:That is why I think It will touch the gray area!
Note
wait until the price to touch the $63500 area!then we can expect a long movement there!
Trade active
the gray area touchedNote
you can get a short positon until the long position confirmation is given us!
👉 My recommended exchange: promote.mexc.com/a/64IZV8fu
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.
👉 My recommended exchange: promote.mexc.com/a/64IZV8fu
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
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.