Long
H&S Formation
We see a H&S formation on the 4hr chart which is also depicted by the 21MA & 50MA.
We can expect a push into the yellow marked area .37333 with a high at .39.
We would need sustained buying above .30. a fall below .26 would bring into question downside pressure into .16
Let me know your thoughts
We can expect a push into the yellow marked area .37333 with a high at .39.
We would need sustained buying above .30. a fall below .26 would bring into question downside pressure into .16
Let me know your thoughts
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Disclaimer
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.