Head and shoulders formation
As shown on the graph a H&S pattern can be seen. The yellow horizontal lines are proven supports and resistances and the trend lines are also visible.
We can expect a drop to the 1907 to 1917 range. I expect a sharp drop and activation of pending buy trades and after that a similarly fast upward move.
We can expect a drop to the 1907 to 1917 range. I expect a sharp drop and activation of pending buy trades and after that a similarly fast upward move.
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