Head & Shoulder pattern forming.
Head of the current pattern also contains a minor H&S pattern.
Pattern would be complete when price reaches at around 110 - 105.
Better to trade on the short side...
weekly view
Head of the current pattern also contains a minor H&S pattern.
Pattern would be complete when price reaches at around 110 - 105.
Better to trade on the short side...
weekly view
If sufficient support doesn't come at round figure price of 100 then 75 is a good possibility