RDNUSD shows a >>possible "head and shoulders" pattern<<
If it brakes the neckline then the price can fall to ChannelFibo-0.78 where both CF-0.78 and the uptrend line support the reversal.
Happy Trading
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Just for Educational Purposes
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If it brakes the neckline then the price can fall to ChannelFibo-0.78 where both CF-0.78 and the uptrend line support the reversal.
Happy Trading
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Just for Educational Purposes
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Ordine annullato:
Good news is that the HS neckline did not broke and the long term forecast of RDNUSD is still valid
Commento:
Check my long-term analysis of RDNUSD-RDNBTC based on the weekly trading pattern.