Hi
I can see an inverse head and shoulder
RSI oversold highly likely will go up
We need to break the trend line to go higher if now we continue down
If you see the daily time frame the inverse Head and Shoulder is more evident
Final target is the pink arrow where resistance has formed
Good luck
I can see an inverse head and shoulder
RSI oversold highly likely will go up
We need to break the trend line to go higher if now we continue down
If you see the daily time frame the inverse Head and Shoulder is more evident
Final target is the pink arrow where resistance has formed
Good luck
Note
After the yellow arrow we might have a retracement before heading to final targetSo keep an eye
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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.