Price has formed a H&S pattern over the last four months. Trend is down. 86900 gave support three times, the fourth will probably not hold. Good time to short if the price doesn't consolidate longer. In the long term we could be aiming at 84000. Feedback please.
Comments
bcarbon
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"Three bottoms-the fourth never holds..". Never say never. :O)
LEONES
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well let's say there are higher probabilities that this support will not hold next time...