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Wiz_of_Oz
Nov 17, 2020 1:02 PM

Watching & waiting Long

Description

One of the 2 ideas before I go to bed. Has completed a retracement to the 78.6% fib level, bounced off the 61.8% level, completed an inverse H&S pattern & is breaking out. 6.45c is a historical support/resistance zone. Expect bullishness if it closes above. Watching
Comments
pacifiedStar62604
Nice, it seems to have closed above that area... for now. Do you have an updated technical analysis on this?
Wiz_of_Oz
@pacifiedStar62604, I would be a lot more confident if it retests the breakout area around 6.10c & turns up again
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