$SE
Added 2023-07-19 09:19:26 +0000 UTCSmall inverse head and shoulders forming now. The 200 Day MA has been a big influence here, we can see that it was a resistance level in June and again last week.
I think, once the price action can hold higher than the previous low, we have some momentum to the upside.
I am watching the 0.618 Fib, this is also a gap fill to this price too, so it makes sense to pull back to this area, complete the right shoulder and then attempt to break out of this formation and above the 200 Day MA.
Also a great area to add.
Comments
Once it holds
Gareth Neary
2023-07-19 10:20:11 +0000 UTCCaptain the área to add here its between 60.37 - 58.96 right ? Filling the gap
Mark
2023-07-19 10:09:10 +0000 UTC
