As we can see in H1 timeframe, a clear H&S (Head and Shoulder) pattern has been created. Market is now in a bearish trend.
Price is expected to make a re-tracement to the neckline, hopefully creating a Double Top pattern in M15 timeframe, continuing with our downward movement.
NB: This is just my analysis from past experiences, hence you need to exercise the use...
As we notice the market created a Head and Shoulder pattern (H&S) which is clearly visible in the H1 timeframe.
Let’s watch as market is supposed to re-test the neckline of the H&S and continue going down.
#Bearish market!
