* Cake in 1H time frame forms a Head and Shoulder pattern, which is a trend reversal pattern occurs during bull run.
* It appears with three peaks in which the two outer peaks are smaller in compare to the middle one.
* Cake has a support near $20.960, if it breaks it's support we can see a drop till $19.800.
* It appears with three peaks in which the two outer peaks are smaller in compare to the middle one.
* Cake has a support near $20.960, if it breaks it's support we can see a drop till $19.800.
Note
Break of support
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.
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.