The counter has formed a head and shoulder and broke out its neckline.
Now, it is retracing to test the broken neckline.
Hence, we expect the pair to be capped by the neckline and push it down.
Now, it is retracing to test the broken neckline.
Hence, we expect the pair to be capped by the neckline and push it down.
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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.