Potential short or sell setup.
Confluences:
1) Head & shoulders pattern
2) 61.8% fib level
3) Respecting 200 EMA
A break below H&S neckline would trigger a sell for me.
No sell trade if price closes above the head.
Confluences:
1) Head & shoulders pattern
2) 61.8% fib level
3) Respecting 200 EMA
A break below H&S neckline would trigger a sell for me.
No sell trade if price closes above the head.
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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.