is H&S pattern going to be happen? eye's on chart if price break 8400-8500 down, the pattern confirmed, target are visible on chart: 61.8(8033$) and 78.6(7353$)
Bearish Flag pattern is under taking shape. The scenario becomes stronger when EMA20 Cross Down EMA50. support levels: 0.5 Fibo : 4945$ 0.61Fibo : 4798$ EMA200 Bearish flag Target : 4508$ Stop Loss should be active when 0.78 Fibo 4442$ Level did lost.
based on elliot waves Blue box is important area to predict future trends. if the blue box resistance win the game Blue arrows can be occur, but if lose the games, based on Fib Retracement, price can fell down to 4459 and red arrows could be happens.