joserajoy94

joserajoy94

We can see a clear uptrend on the weekly and daily chart, with a triangle formation where most of the time a triangle formation represents a continuation pattern. We still need to see a full body candle to take the long or a clear breakout of that channel.

joserajoy94

it broke a resistance, now let's see if we can get a retest of that area before going long.

joserajoy94

it failed to do a HH in 4HR chart which makes me think a reversal pattern might be taking place.

joserajoy94

wait for the bearish confirmation before traiding short.

joserajoy94

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joserajoy94 Updated 

A possible formation of head and shoulders, lets wait for that bearish confirmation.

joserajoy94 Updated 

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joserajoy94

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joserajoy94

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