Short
High Chance For Sellers
We can see in the chart that the price was respecting the two black bullish trend lines, and recently the price broke through the upper line and went to the lower line by creating two descending trend lines, and creating a reversal pattern head and shoulders, now we see a Doji candle with a lower low than the previous candle that means that price has broken the neckline so it's a high chance for selling opportunities guys.
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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.