This is a conventional chart pattern - Head and Shoulder on the bearish side. This set up is most likely rewarding when completes. Here in the example I have taken Crude Oil (MCX) as an example. Profits are generally the height of the head from the neck line.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.