FCPO - Bearish Reciprocal Head & Shoulder
Updated
The price of fcpo has been fall more than 300 points in the distribution event from the supply zone.
The psychology level of 2800 has been breach as well & a reciprocal harmonic Head & Shoulder identified.
We might witness some volatility of price action in 2700 level in the event of defending the neckline area.
A violation of the neckline could potential bringing price landed to 2490 level supported with reciprocal AB=CD in the H&S structure.
The psychology level of 2800 has been breach as well & a reciprocal harmonic Head & Shoulder identified.
We might witness some volatility of price action in 2700 level in the event of defending the neckline area.
A violation of the neckline could potential bringing price landed to 2490 level supported with reciprocal AB=CD in the H&S structure.
Comment
Void
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