๐ From a longer-term perspective, I noticed that a Head and Shoulders pattern ๐ช๐ฉป is about to form. This pattern has been forming since December 2024 and in the long term ๐ฐ๏ธ means no good for those who play long here ๐.
๐โโ๏ธ Personally, I will stay aside for now and observe ๐. The asset may head towards the 3.0000 support level ๐ช, where I expect a potential rebound ๐, possibly even a retest of the trendline from below โฉ๏ธ.
โณ In the long term, the asset may even move towards the 2.0000 support level ๐จ, but I will need more observation and data to be sure ๐งช.
๐๏ธ Time will show. Thank you for the attention! ๐
Join me, I'll guide you to PROFITABLE TRADING๐ต!
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Telegram Channel: t.me/forextradersliveofficial
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Join me, I'll guide you to PROFITABLE TRADING๐ต!
Telegram Channel: t.me/forextradersliveofficial
Telegram Channel: t.me/forextradersliveofficial
Related publications
Disclaimer
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.
