It looks to me like a reversed head and shoulders pattern is forming if we can break out the consolidation zone.
i will keep it short , price seems to consolidate after a 25% drop from ATH. i see a bullish divergence on the rsi.
if we can break resistese i am looking to buy the pullback.
what do you think?
Trade closed: target reached
congratulations to you all who took the trade, it was a quite easy 3% profit if you took my entry and exit. you could have got a little bit better entry and exit, but remember it is all about the high probabibilty.
please drop a like if you like this stuff and i will keep doing analysis!
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