Based upon the Monthly, Weekly, and Daily time frame price could potentially pullback to the neckline of the Inverted Head and
Shoulders pattern on the Monthly and Weekly time frame.
Daily price action shows the previously, price tired to hold above the horizontal resistance turned support and now turned resistance with the candle formation of an Inside Bar break down.
Shoulders pattern on the Monthly and Weekly time frame.
Daily price action shows the previously, price tired to hold above the horizontal resistance turned support and now turned resistance with the candle formation of an Inside Bar break down.