Hello to all traders here Illyrian Trades,
we have two charts in comparison to see the situation both from far and close. I
don't want to write a book since I write and I'm followed mostly by trading masters.
In the weekly strongly bearish sentiment for last week's close with a shooting star candle.
Tracing the impulses on the weekly as well, we see an inverted head and shoulders that should complete or invalidate with this week's close.
This pattern is even more clearly visible on the daily TF.
Target 47.5-48.2 K
What do you think about it?
we have two charts in comparison to see the situation both from far and close. I
don't want to write a book since I write and I'm followed mostly by trading masters.
In the weekly strongly bearish sentiment for last week's close with a shooting star candle.
Tracing the impulses on the weekly as well, we see an inverted head and shoulders that should complete or invalidate with this week's close.
This pattern is even more clearly visible on the daily TF.
Target 47.5-48.2 K
What do you think about it?