Do not buy, sell or hold by looking at the chart.
None of the graphics, drawings and explanations on this page don't include investment advice.
None of the graphics, drawings and explanations on this page don't include investment advice.
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There is a pennant formation on the 4-hour chart.
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Comment:
On the 4-hour chart, the price is retesting the top line of the pennant.
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TP1 ✓
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Comment:
Will the price move towards $2070 to form an inverted head-and-shoulders pattern on the weekly chart (2020-2024 range)?
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The reverse head and shoulders formation usually occurs at the bottom and is a reversal formation.
This formation rarely works at the top.
We will follow and see. It is useful to follow it with the trailing stop level.
This formation rarely works at the top.
We will follow and see. It is useful to follow it with the trailing stop level.
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Comment:
1965-1975 range is important for the pullback.
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