It looks like we are forming a H&S pattern. As a cofirmation we have a bearish divergence in the RSI indicator ad a decreasing volume.
The H&S retracement area shoulb be around 143 $ where we can find a pretty strong support level (indicated by the purple horizontal line).
GL & HF ;)
The H&S retracement area shoulb be around 143 $ where we can find a pretty strong support level (indicated by the purple horizontal line).
GL & HF ;)
