from the chart, trendline X and Y marks the channel.
line AC marks the shoulder region for the H&S pattern formation.
we expect a further move downward as confirmed by the bearish engulfing candle.
line AC marks the shoulder region for the H&S pattern formation.
we expect a further move downward as confirmed by the bearish engulfing candle.
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.
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.