ZM/USD: Daily Chart - Head and Shoulders about to break?

2020년 7월 25일

Bearish Patterns:

• Head and Shoulder pattern at neckline on 4H Time Frame
  Bearish candlestick patterns at resistance
  Change in Market Structure ie. LH + LL
  

Indicators:

• RSI in overbought region
  MACD Bearish continuation
  Centre Bollinger Band broken down and re-tested
  

Fundamentally bullish on Zoom long term. They are big innovators and leaders in the space. Possible beginnings of an Ascending Triangle (bullish continuation)