Looks to be a Head and Shoulders pattern forming, I will watch for a continuation to the downside. Possible short swing trade or intraday short.
Comment
⋅
The right shoulder has been completed, price bounced off of the neckline. I will watch to see if bounce continues or the price fades and breaks the neckline.
The right shoulder on BLUE has been completed, price bounced off of the neckline. I will watch to see if bounce continues or the price fades and breaks the neckline.