-It appears we have a rising wedge. The highlighted yellow circle shows strong resistance at the trendline, followed by a slight reversal. I will be watching this on lower time frames to enter on a short position.
-This is also the highest high on a monthly time frame, we are due for a pullback to the down side.
-This is also the highest high on a monthly time frame, we are due for a pullback to the down side.
Comment:
Entered the short last hour.
Comment:
Looking Good!