Head And Shoulders pattern emerges on the 4H chart; in such case, we will see a rebound from strong resistance zone 12000.0 - 13000.0, formation of the peak near to the 9000.0 level and final testing of the 12000.0 - 13000.0 shoulder line afterward.
Comentário:
Price is getting closer to the Angle resistance and the 12000.0 level.
If the volumes do not start to grow, I would expect a rebound into a second shoulder.
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If the volumes do not start to grow, I would expect a rebound into a second shoulder.