Long Positions Above 1096 With Targets @ 1105 & 1110 In Extension.
Comment: intraday technical indicators are mixed and call for caution. Indeed, prices failed to accelerate after the upside breakout of the 1105 area and a break below 1196 would validate a Head and Shoulders: a bearish reversal pattern.
Comment: intraday technical indicators are mixed and call for caution. Indeed, prices failed to accelerate after the upside breakout of the 1105 area and a break below 1196 would validate a Head and Shoulders: a bearish reversal pattern.
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