Ascending triangle on the 4hr.
Break above and close $6,900 for a run to $7,800.
Fall below and close for a retest of $6,200 followed by $5,600.
Overall bias: Bearish.
Weekly close will be telling.
It's a wait and see game.
Break above and close $6,900 for a run to $7,800.
Fall below and close for a retest of $6,200 followed by $5,600.
Overall bias: Bearish.
Weekly close will be telling.
It's a wait and see game.
Comment:
Green box represents my next long/accumulation zone.
Comment:
Double top, double rejection. Bearish.
