Aww, no.
I don't see that at all.
It's in a rising position.
I expect $50 on this next break out.
Best of trading with your analysis, I hope it works for you.
Aww, no.
I don't see that at all.
It's in a rising position.
I expect $50 on this next break out.
Best of trading with your analysis, I hope it works for you.
It does have strong support at $40s so as long as that holds you'll see $50, but idk things looking like sideways trading now. This chart is based on a 3 month chart anyways so we won't know anything short term, haha. All the best.
IMHO
The 3-month chart clearly shows it going up.
As long as $40s hold you're right, otherwise it completes the H&S formation and that will be bad cause if $40s break it will see low $30s.
Over all market, trend is in play here.
Good luck.