We had a False Breakout as pointed out
Please note that it is very bearish to have a false breakout followed by breakdown.
Head and Shoulders formation identified with a downside price target near $73.
Our green upward sloping trend line is also indicating that the price should bounce and find support near $73
Would you be buying near $73?
Please note that it is very bearish to have a false breakout followed by breakdown.
Head and Shoulders formation identified with a downside price target near $73.
Our green upward sloping trend line is also indicating that the price should bounce and find support near $73
Would you be buying near $73?
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.
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.