Head and shoulder pattern formed well on strong resistance which is a weekly resistance level. Also formed a Bearish expanding triangle. I'm only expecting this to hit my targeted area which is right back on the trend line to get its 3rd touch, then we will see what it unfolds at that level
Expecting Price to proceed its way down along with the trend. Waiting for it to retest structure, then will be looking for good short opportunities from there.
Expecting price to have its 2nd impulsive move and hit near 111.300 zone
Confirmed on the DAILY Time frame that we broke the previous high and closed above. In addition, today we closed at a bullish pin bar. Expecting price movement to move higher. Above the 200 SMA and EMA.
