Price broke the neckline of the head-and-shoulders pattern. The target is typically calculated as the hight of the head projected to the downside. Look how perfectly the head-and-shoulders pattern worked recently.
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as we broke the right shoulder the pattern becomes invalidated. An invelidated bear pattern is a strong confirmation of uside momentum. Look long on this asset.
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9K is the potential next area of resistance.
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9k area is reached as predicted.