Potential double head & shoulder pattern forming. I also suspect the upper H&S's right shoulder will fill before the bottom head and shoulder completes and heading down to 1688 ish as targeted on previous idea.
There seems to be a couple of clear patterns that compliment each other. Both a head and shoulders and falling wedge, Once the falling wedge is broken clearly with confirmation i expect we will complete the right shoulder of the pattern. Neck has already been confirmed at 1689. Expecting a minimum of around 1900-1950 for the peak of the right shoulder before...
If upper grey trend line breaks cleanly we should see a strong jump up into at-least the mid 1800's/1900 encouraging long entries , However please pay close attention to any rejection that forms as if we reject that same grey line we may retest the lower white line meaning 1700 is very likely along with the very strong support of 1687. I myself scalp therefore it...