4hr possible H&S in the making, if we reach and test the 8500-8400 zone and go sideways this may play out to the downside target of 7300 and re-test the low from last week at 7240. Macd indicates a crossover to the downside imminent. RSI looking bearish
8500 needs to hold to turn to the upside
Note
Be careful this pattern looks like it's playing out!
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.