Shoulder head and shoulders formation on the chart is the first resistance fibo 0.236 second resistance 0.382 third resistance 0.50 fourth resistance 0.618. Let's carefully follow the falling channel coming from the top.
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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.