#ARC Typical Head and Shoulders Top Opportunity, indicating the upward trend is weakening. It is most likely a sign that the distribution phase is about to end and the downward trend will continue. Consider testing short positions on the right shoulder, and if a breakout occurs and stabilizes, protect with stop-loss and take partial profits.
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#ARC Typical Head and Shoulders Top Opportunity, indicating the upward trend is weakening. It is most likely a sign that the distribution phase is about to end and the downward trend will continue. Consider testing short positions on the right shoulder, and if a breakout occurs and stabilizes, protect with stop-loss and take partial profits.