Metal Pay - H&S?
A potential H&S might come into play in the next hours, which could take the price all the way down to $1.10.
We're holding this uptrend since late june, right now we're testing this trendline and also a fib level.
A bounce here and a breakout from this speculative triangle should take us back to $2.00 for the short term.
Keep an eye for next move, wait for retest then long/short. Tight SL and TPs along the way.
We're holding this uptrend since late june, right now we're testing this trendline and also a fib level.
A bounce here and a breakout from this speculative triangle should take us back to $2.00 for the short term.
Keep an eye for next move, wait for retest then long/short. Tight SL and TPs along the way.
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.