CB - head and shoulders
Updated
On the chart we can see the head and shoulders formation, which is bearish.
We are expecting a breakdown.
Enter the short position only if the price breaks the neckline.
Target and stop loss are shown on the chart.
We are expecting a breakdown.
Enter the short position only if the price breaks the neckline.
Target and stop loss are shown on the chart.
Note
The right shoulder fully developed. Wait for a breakout
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