Head and Shoulders officially formed on Daily. The previous analysis, we were waiting for the pattern to form a Right Shoulder. Now with the price breaking below the RS, almost confirms the trade entry. 21>7 Price <200 - Bearish (Red back) RSI<30 - Bearish Target $16.30
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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