This is to confirm our target Level of 112.004
When the markets re-open we could possibly see the downward trend continue to retest the support before shooting up to form a perfect Head and Shoulder pattern. I would suggest you close any short positions however my analysis is indicating a 111.750 hunt before a LONG to establish the right shoulder.
When the markets re-open we could possibly see the downward trend continue to retest the support before shooting up to form a perfect Head and Shoulder pattern. I would suggest you close any short positions however my analysis is indicating a 111.750 hunt before a LONG to establish the right shoulder.
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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.