The counter has formed a head and shoulder pattern.
It has broken the neckline and is currently consolidating just below it.
Hence, we expect the pair to be bearish in the near-term.
It has broken the neckline and is currently consolidating just below it.
Hence, we expect the pair to be bearish in the near-term.
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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.