Price is currently in a rising wedge. Inside the rising wedge, price has broken out of a falling wedge and it is undergoing an inverted head and shoulder formation. Should the formation of the inverted head and shoulder complete, price would likely test 111.90 - 112 before selling off.
Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.
Disclaimer: This is not a financial advice. This is my way of sharing my trade ideas with the community and any decisions you make from this is entirely yours and has nothing to do with me.