Price is rejecting a demand zone around 38450.0 and at the same time there is formation of a head and shoulders pattern. All we need is a retest and rejection of the neckline of the H&S together with the EMA to continue heading to the upside. TP is at 39250.0
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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.