i disagree.
Looking at the daily chart it seems a clear head and shoulders. with 1277 acting as resistance for both shoulders.
Plus: daily DMI shows that the uptrend is drawned of its energy, along with a descending RSI.
All those things can be appreciated on the 30M chart too.
Anyway there's the 9 EMA to be tested for the weekly chart. Perhaps this can be a green week, but I think price will just (without success) test 1277.
Looking at the daily chart it seems a clear head and shoulders. with 1277 acting as resistance for both shoulders.
Plus: daily DMI shows that the uptrend is drawned of its energy, along with a descending RSI.
All those things can be appreciated on the 30M chart too.
Anyway there's the 9 EMA to be tested for the weekly chart. Perhaps this can be a green week, but I think price will just (without success) test 1277.