$IWM the chart says it all, pretty clear head and shoulders forming on $IWM
hello traders, making a DT on gold. making a sum way HH and knocking liquidity before going to the downside.
Long term channel using Log scale looks to be topping... only time will tell
Confluences 1. KEY Weekly Resistance/Support at 1.4210 holding well. 2. Doji Formation on yesterdays candlesticK 3.Follwing Recent Price Action this is a classic pullback trade 4.KEY DESCENDING TREND LINE HOLDS 5. FIBO 23.6% retracement also acts as resistance here...