A Head & Shoulders Pattern has formed with a higher low (coloured in red) being broken. There is a retest of the zone which is currently underway. A break and possible retest of the $9977.00 would ultimately confirm my sell bias. Long term sells are still underway, for my Stop Loss value of $11163.67 was not reached. First TP of $8455.00 still in mind with the Second TP being at $7940.00. Happy trading everyone, remember to trade cautiously. Any comments or suggestions would be appreciated.
Trade attivo