Pattern has completely formed head and shoulders pattern and broke the neck. Almost risk free trade. Price may go up slightly before going down. This analysis is based purely on TA. Choose your entry wisely. Low risk high reward. What else can you ask for?
Note
H1 trendline has been broken and pullback looks like it maybe completed. If price drops from here this may mean a continuation of the downtrend of weekly TF. Please confirm your trades before entering short. Lookout for support zones. And take profit as required.
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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.