FCPO - Bearish Reciprocal Head & Shoulder
The price of fcpo has been fall more than 300 points in the distribution event from the supply zone.
The psychology level of 2800 has been breach as well & a reciprocal harmonic Head & Shoulder identified.
We might witness some volatility of price action in 2700 level in the event of defending the neckline area.
A violation of the neckline could potential bringing price landed to 2490 level supported with reciprocal AB=CD in the H&S structure.
The psychology level of 2800 has been breach as well & a reciprocal harmonic Head & Shoulder identified.
We might witness some volatility of price action in 2700 level in the event of defending the neckline area.
A violation of the neckline could potential bringing price landed to 2490 level supported with reciprocal AB=CD in the H&S structure.
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