In my 60 minutes chart from two days ago had shown the head and shoulders. Now I see two waves may actually be formed a left shoulder together in 120 minutes. A right shoulder looks like being developed. If it has passed a resistance, it has apparently ended the correction but I hope there is no trap.
Note
The resistance has broken slowly. It looks good but be aware of the downtrend in a day chart.Note
Nice, bull hits pretty well.Note
There gonna be a test at 9000 where the yellow line is as well. We will see!Note
4 hours chart
Note
8700 is a pretty hard resistance.
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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.