Head and shoulder pattern (bearish)
Classical head and shoulder has been formed.
Neckline (support): 200
Let it break 200 levels to confirm H&S pattern.
If it breaks 200, momentum could be swift towards downside.
Let's wait for some more price action and trade with caution.
Disclaimer: Take this view only for educational purpose. Trade on your own risk.
Happy trading!
Neckline (support): 200
Let it break 200 levels to confirm H&S pattern.
If it breaks 200, momentum could be swift towards downside.
Let's wait for some more price action and trade with caution.
Disclaimer: Take this view only for educational purpose. Trade on your own risk.
Happy trading!
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