FCPO Technical Analysis: Bearish Quasimodo AlignmentExecution: SELLRationale: The FCPO chart has formed a structural Quasimodo pattern (Over-and-Under structure). Price successfully created a Higher High followed by a Lower Low, breaking the minor market structure. Selling on the return to the Left Shoulder level for a high-probability risk-to-reward setup.
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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.