The neckline of the Head and Shoulders Formation has been breached already;will the market go lower in the future? Maybe the answer is positive.
1.04 levels may be the long-term goal accroding to the head-and-shoulder pattern.
1.08 levels should be broken though at first.
So it is better to sell short when the market pulls back.
1.04 levels may be the long-term goal accroding to the head-and-shoulder pattern.
1.08 levels should be broken though at first.
So it is better to sell short when the market pulls back.