Chart is Showing a very big Probable HEAD and SHOULDER formation @Monthly chart with Neckline @121.
So this makes, Support of 168 very crucial due to the Probable Cup and Handle Formation whose B.O. can nullify the H&S pattern Formation probability after monthly closing above 206.
TILL THEN BE VERY CAUTIOUS!!!!!
For the probable CUP and HANDLE formation visit the...
The chart now is in a Down Trend but for me a reversal in nearby time can be seen which could lead to the formation of a Cup and handle formation upon the chart .