I don't have much to say about what we see here. In my perspective, there appears to be a bearish flag forming, indicating a potential downward trend. Additionally, considering the previous spark in RSI and the confirmation by MACD, I believe we now have a second signal suggesting further price decline.
EVKD HEAD & SHOULDERS TOP BREAKDOWN BREAKDOWN: 30.14 TARGET: 27.56 (-9%) NEGATIVE MANSFIELD CPM DECREASING SECTOR NEGATIVE MANSFIELD INDEX:DSBM
As we can see, this channel is going on for over a year now. Be aware that we are looking at the 4H chart. If you want to ride a wave and got some time, this looks promising.
EVDK HEAD AND SHOULDERS PATTERN FROM 2017/04/24 TO 2017 06/06 BREAKDOWN: 30.12 TARGET: 28.16 (-9%) NEGATIVE MANSFIELD WEAKING SECTOR MANSDFIELD DSCX