Look at my last idea, I think it has completed wave B and is on its way to wave C.
If this idea is realized, the pattern of the head and shoulders can also be confirmed according to the figure.
If this idea is realized, the pattern of the head and shoulders can also be confirmed according to the figure.
Note
The movement momentum has decreased, the falling step was very strong and if the weekly candle closes in this way, should wait for the reaction of the support of $52 and even the support of $46, which can be the final target of the head and shoulders pattern.
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Related publications
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.