- trend is down on daily and weekly charts
- reversal value is 8350-8400 on daily charts
- support is at 8000 below which monthly trend can turn down
- watch for triangle development in hourly charts (separate post on this)
- possible inverted H&S though a weak one as right shoulder is bigger than left!
- reversal value is 8350-8400 on daily charts
- support is at 8000 below which monthly trend can turn down
- watch for triangle development in hourly charts (separate post on this)
- possible inverted H&S though a weak one as right shoulder is bigger than left!
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