In addition to Weekly SMA100 resistance (1257s), we note Daily H&S pattern forming. We are waiting for a break of neckline (see chart) to activate shorts with target bottom of the rotational box. In the meantime we are buying the support for bullish pips.
Points of Interest: MA20 on Daily 1238s.
Points of Interest: MA20 on Daily 1238s.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.