Hello Traders,
We see a bullish head and shoulders in formation.
Scenario 1: We would like to see price give bullish price action and confirmation to enter buys (Longs)
Scenario 2: We would see the possibility of sell pressure continuing, Therefore, invalidating the head and shoulder formation and reaching lows.
Have a good week of trading!!
We see a bullish head and shoulders in formation.
Scenario 1: We would like to see price give bullish price action and confirmation to enter buys (Longs)
Scenario 2: We would see the possibility of sell pressure continuing, Therefore, invalidating the head and shoulder formation and reaching lows.
Have a good week of trading!!
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.