Price on the weekly chart looks like it has been lagging. Very hard to determine where price is heading. So lets look at the daily chart.
On the daily chart there is a pennant forming within the range. It hit the resistance of the pennant perfectly for a move down.
To get in on this trade lets look at the 4H chart. Ahh look at that a beautiful Head & Shoulders forming. I would enter right at the break of the neck.
On the daily chart there is a pennant forming within the range. It hit the resistance of the pennant perfectly for a move down.
To get in on this trade lets look at the 4H chart. Ahh look at that a beautiful Head & Shoulders forming. I would enter right at the break of the neck.