looking like a large inverse head and shoulders. we are controlling this right should potentially here. a lot of weekly support after a fall from the 3.618 fib of 300. we lost 2.618 of 225 after a large rising wedge breakdown with a target of 176. although buyers stepped in creating a large rounding bottom. as long as we contue to hold here this right shoulder will form. the target of a breakout of the 213$ resistance is 225$ which would perfectly align with the 2.618 fib!
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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.