ARE THE BULLS HERE?
Hello traders! As we hit our 1st target, we can’t help but wonder if we will be in a buyers market next week. We took advantage of a head and shoulder pattern which is a common reversal pattern. We are still in a downward channel but will we see a breakout next week? Definitely will be monitoring price action to see. This was shared for educational purposes and should not be interpreted as a signal. Remember, traders should react from the market, not predictions. Trade smart don’t gamble!
-Rum
-Rum
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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.