Hello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you.
Let’s get into the analysis. As we can see, the price has made a head and shoulder pattern. One can take a sell trade, ONLY if the price breaks the neck line support.
Let us know your views on this in the comment section. Thank you all.
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A further move to the down side is very probable, perhaps to the previous support level. I like the fact that you advice we enter the trade after a close below the neckline, that's a good trading decision. Thumbs up