On the 1 hour chart we can see a clear head and shoulder pattern.
If you zoom out you will see a 4hour trendline broken and it needs to be retested.
If you zoom out you will see a 4hour trendline broken and it needs to be retested.
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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.