Still looking like an uptrend on the daily.
However the lower time frames are looking bearish.
Do we have a possible H&S forming?
The top of the potential right shoulder lines up with the 0.382 FIB indicating further bearish movement
If we get a break and retest of the right shoulder (also the 0 FIB) we could see a new downtrend and opportunities for shorts
However the lower time frames are looking bearish.
Do we have a possible H&S forming?
The top of the potential right shoulder lines up with the 0.382 FIB indicating further bearish movement
If we get a break and retest of the right shoulder (also the 0 FIB) we could see a new downtrend and opportunities for shorts