We can see a reverse head and shoulders pattern forming. If we get a close above the previous highs we will be looking for the bullish breakout to the next zone. As of know, I'm expecting a little fib based retracement. We will continue to monitor throughout the day waiting for any news to possibly shake the price a little.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.