Looks like a Head and shoulder pattern developing which will be confirmed by a break of that 890 support/neckline.
Technically there still remains a gap at 858 that was never closed. These technical gaps usually (eventually) close.
Measured target of the H&S pattern is 750!
Technically there still remains a gap at 858 that was never closed. These technical gaps usually (eventually) close.
Measured target of the H&S pattern is 750!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.