On the weekly Timeframe, price seems to have formed an inverted head and shoulder pattern
currently, price is headed up to the neckline to form the right shoulder but if violates the formation of the right shoulder, will target the previous low which is (the head) to act as our support zone/area.
currently, price is headed up to the neckline to form the right shoulder but if violates the formation of the right shoulder, will target the previous low which is (the head) to act as our support zone/area.