Possible formation on a Head & Shoulders pattern.
Todays price action closed with a clean Low test candle.
Daily price action was decelerating while approaching the support zone confirming weakening Bearish momentum .
Monthly price action seems to have found support and printing large lower wicks
Weekly Double Bottom
Weekly MACD Divergence
Daily Price broke above a key Resistance level and also above a dynamic trend line
Price holding above all key resistance levels
Price seems to have found its base around 110.80 zone and has been printing High Lows since then. I like the long lower shadow consolidation. LONG if price takes off the high of the DOJI at 111.747 zone