DISCLAIMER - This analysis does not warrant any immediate buy and sell. Every trader should do their analysis themselves and have proper risk management executed perfectly in accordance with their trading plan.
Price had already broken the price channel that has been formed since April 2020. A clear head and shoulders pattern can be seen in the price channel, which further suggests a possible plunge of the price in the upcoming days.
Price had already broken the price channel that has been formed since April 2020. A clear head and shoulders pattern can be seen in the price channel, which further suggests a possible plunge of the price in the upcoming days.