Gj Swing Sell, I Have been watching this for the last 2 months. this will be my position/swing trade for 2022. Gj is forming a nice head and shoulders on the daily and weekly. With being in the supply area and diverging for the last week but kept pushing up to that key area of 156.000 . Right shoulder is perfectly lined up with the left. however, is does have a little room to overextend on the daily RSI. (Doesn't mean it will) but it is something to be aware of. No other key area to be weary of besides the one from Feb/02/2018 marked with blue arrow. Gj Closed the week bullish rejecting off of 156.000 which was my entry, fell to 155.600 before retesting before the market closed. AS ALWAYS Beware of News!! and stay frosty, HAPPY NEW YEAR.
Confirmations:
Supply and Demand
Divergence
Key Areas
Chart pattern
Break and retested trend line
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