I still think this pair is bullish. I believe this to be an inverted H&S, and the neckline has been broken.
An equal move up from the head to the neck line takes us to the redline. There may be some resistance on the way, but the risk is worth is.
Yesterday price drop gave a retest of the neckline confirming support
An equal move up from the head to the neck line takes us to the redline. There may be some resistance on the way, but the risk is worth is.
Yesterday price drop gave a retest of the neckline confirming support