Closed on supporting channel..
I think it's only bearish below 91$ now...
If we drop below 91$ that would kick start a major H&S pattern.
My first bullish target is .236 fib at 96.80
Entry above 50sma or 94$.
If we can breakover 97$ then 103.
Xly supports this move
Fib levels
High - 146.57
Low - 81.43
I think it's only bearish below 91$ now...
If we drop below 91$ that would kick start a major H&S pattern.
My first bullish target is .236 fib at 96.80
Entry above 50sma or 94$.
If we can breakover 97$ then 103.
Xly supports this move
Fib levels
High - 146.57
Low - 81.43
