- Price reacted to the resistance area between 114.00 - 114.50, where it formed a head & shoulders pattern. - It stayed within a range between 113.00 and 114.50. - Recently, price broke below 113.00. It is currently retesting the area. - Also, in 4h chart, it is showing a nice pullback to the EMA. - Sell the continuation.
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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.