The counter has formed a head and shoulder pattern.
It has broken the neckline and consolidated it in the form of a bearish flag pattern.
Hence, we expect the pair to be bearish in the short-term.
It has broken the neckline and consolidated it in the form of a bearish flag pattern.
Hence, we expect the pair to be bearish in the short-term.
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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.