Price is forming a head and shoulders pattern on the daily chart. The right shoulder is currently forming, with a minor resistance being tested on the H4 chart. I'll be on the lookout for a signal for entry at that level.
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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.