A fall below the weekly fractal support positioned at 3176 may trigger one head and shoulders with default targets pointing to 2518, representing a drop of 20.76% below the major support... We have resistance at 3462, 3549, and 3773, and the violation of the major resistance can help the formation of patterns at 4139, also representing a rise of 16.65% above the weekly resistance forged at 3549.
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.
I am a financial market analyst based in Porto, Portugal. I provide market forecasts to a group of professional traders, playing a crucial role in assisting them in making well-informed decisions in the financial markets.