- 1 hour potential Head and Shoulder formation targets 8800 - A bounce from current level may put in a strong rebound to test upper bullish channel - If H&S plays out - the target is decent and viable since 8800 level has minor support April 15
See weekly and daily chart too for directional play
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This trade has taken place with a head and shoulder formation playing out - daily chart is in full bearish mode and rallies remain a short opportunity