probable triple top formation. one day chart. expected price at 39.40 ish in 2-5 trading days
broken resistance at 218.50 or so. monday drop expected from a descending triangle
possible formation of head and shoulder pattern. would be nice with the support at 67 demolishing
monthly view main line along with the weekly resistance as well. sort of like a double top to end the 100 year bull market. what we see is the retouching of the previous support that is now resistance.
side ways if support is met with medioum volume. projected to top or at least try to get to previous 613 levels.
watch purple. zone. green line is very important. cannot be broken. as soon as it drops and closes twice below green support. sell
description in chart. the only thing worries me is the bearish candles and higher selling volume.
slightly edging into the oversold market. will be neat to watch the next couple of days.. failed to get over the 78.60 to close. will proceed down to either 76 or lower down to 74.