As we can see in H1 timeframe, a clear H&S (Head and Shoulder) pattern has been created. Market is now in a bearish trend.
Price is expected to make a re-tracement to the neckline, hopefully creating a Double Top pattern in M15 timeframe, continuing with our downward movement.
NB: This is just my analysis from past experiences, hence you need to exercise the use of PRM(Proper Risk Management!).
Price is expected to make a re-tracement to the neckline, hopefully creating a Double Top pattern in M15 timeframe, continuing with our downward movement.
NB: This is just my analysis from past experiences, hence you need to exercise the use of PRM(Proper Risk Management!).