An unmistakable inverted head and shoulders pattern is developing on daily, which is to be confirmed by a breakout past the neckline at 59000 accompanied by a surge in volume.
Target from this breakout roughly corresponds with 1.618 Fibonacci extension level of 67000.
Target from this breakout roughly corresponds with 1.618 Fibonacci extension level of 67000.
Trade active:
Breakout has occurred, pending daily close
