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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