The counter has formed a head and shoulder pattern after an up move.
It broke the neckline and is consolidating just below it.
We expect the neckline to cap the upside move and nudge it down.
It broke the neckline and is consolidating just below it.
We expect the neckline to cap the upside move and nudge it down.
Trade closed: target reached
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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.