NECKLINE is yet to be broken down for confirmation of downfall

26 ביוני 2023

As we planned our trade yesterday that it has formed more like a head and shoulders pattern in bigger time frame shown signs of good downfall to come in coming trading sessions and also a change in trend but the neckline of the supposed pattern acted as a SUPPORT today despite being weak hence the more the neckline is tested the more it is getting weaker and bigger the fall we can expect with the break of the neckline ranging around 18630-18650