If price opens around 130 levels it should respect 14th May Trend and one can long around 130.2 for target 131.3...sl 129.5...if price already reached 132 in mrng it's a good zone to sell as it completes last night's uptrend and good to short at 132...ultimate target 128.4...if price starts at 131.2 wait to see if price it is a good to short zone as...
Looks like an inverse H&S with $2400 neckline to complete. This has been tested a couple of times so far and failed but looks once again to be pushing up towards the level this morning.
If we get a breakout and confirmation above the neckline then expect a move up to at least the prior high at $2500, whilst the extension of the neckline actually completes close to $2800.
