TECHNICAL POINTS:
4HR resistance
4hr Fib
Daily fib (50% lines up with 4hr resistance)
Daily support
4hr Head and shoulders
Buys:
Close above 4hr resistance invalidating H&S
Sells:
Wait for rejection around 11,400 in line with left shoulder. Failing that, break of the neckline.
4HR resistance
4hr Fib
Daily fib (50% lines up with 4hr resistance)
Daily support
4hr Head and shoulders
Buys:
Close above 4hr resistance invalidating H&S
Sells:
Wait for rejection around 11,400 in line with left shoulder. Failing that, break of the neckline.