Head and Shoulders and ascending triangle

This analysis is related to my previously posted one, on a bigger time frame.

We are forming a Head and shoulders, breaking it will mean 28400 aprox(technical target), but I think we will go to the ascending resistance, at aprox 27k. Breaking it will mean a longer bear market, but I think that we will bounce to attempt again 31k resistance.

Check previous analysis for a longer time frame idea.

Bình luận:

Wait for HS break out confirmation to enter the trade.

TP 1: 28600
TP 2: 27200

Bình luận:

We a breaking the support, good time to short or wait for small dump and pump to the HS support line