This is going to be a heartbreaker. There was a monster heads and shoulders that broke down with a bearish retest. The measured move of the H&S is the 0.124. The 0.618 was broken and now is a major resistance.
Note
broke the diagonal trendline, heading to test previous range support. Hopeful.
Note
Solona tried to to break range resistance but failed, lower prices possible. However, price action is strong relative to the market, which means when sol bottoms, it is an excellent buy.
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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.