Short
Trendline broken - potential HS with double bottom/new Low?

Trendline broken. If we won't go up next hours, I see possibility of HS pattern.
Very nice and easy to see support and resistance:
R1 top of LS
R2 Head
S trendline (broken but can come back quick)
S1 neckline
S2 ~1700 level
Another bearish scenario is falling wedge.
Next 2 days are very interesting:-)
Very nice and easy to see support and resistance:
R1 top of LS
R2 Head
S trendline (broken but can come back quick)
S1 neckline
S2 ~1700 level
Another bearish scenario is falling wedge.
Next 2 days are very interesting:-)
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Disclaimer
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.