A head and shoulders formation is nearly finished forming (it's finishing up the right peak: shoulder).
Once formed you can expect a drop of 1x the distance measured from the baseline (neck) to the head.
Once formed you can expect a drop of 1x the distance measured from the baseline (neck) to the head.
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.