US 30 Complex Head & Shoulder Formation
Main Trend: Down
RSI indicate there is a slowing down of upside momentum, hence expecting price moving downward
Best entry when price approaches the downtrend line connecting the recent 2 peaks
Second entry would be when the price breakout at the neckline
2 price target also indicated in the key support area
RSI indicate there is a slowing down of upside momentum, hence expecting price moving downward
Best entry when price approaches the downtrend line connecting the recent 2 peaks
Second entry would be when the price breakout at the neckline
2 price target also indicated in the key support area
Trade active
Trade closed: stop reached