What I see: - Price is looking to complete the 2nd half of the head & shoulders - 5 rejections from zone - 3 rejections from support zone - 3 rejections from resistance trend line - 2 rejections from support trend line - Stochastic is oversold and crosses in the 4hr chart - Price is currently around a previous major structure level (2558.48) - Stochastics in the daily chart is heading towards oversold.
Price will most likely long towards 2799.75 "SAFE SELL ENTRY" for a zone retest as price is currently around a pivot point, stochastic is oversold in 4hr and there's a hammer candlestick confirmation.
After, I'll be expecting price to short towards the ascending trend line. More specifically, 2418.30.
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