No longer self explanatory so I will provide an update:
The price must hold the support in the $19s to begin a reversal with higher lows abs higher highs. If we lose support then the next level is on the chart. I would suspect this to be a huge inverse head shoulders forming with the head in the $12ish zone of support at the $19s lost. Upward targets would still remain in tact.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The price must hold the support in the $19s to begin a reversal with higher lows abs higher highs. If we lose support then the next level is on the chart. I would suspect this to be a huge inverse head shoulders forming with the head in the $12ish zone of support at the $19s lost. Upward targets would still remain in tact.