- December 16, 2020
- Posted by: Tradingshot Articles
- Category: Commodities
Pattern: Broken Head and Shoulders to the upside.
Signal: Buy as the top of the Right Shoulder broke. It appears that the price may be repeating the December 01-02 bullish leg. RSI identical, MACD on Bullish Cross.
Target: 1890 (just below the 2.0 Fibonacci extension as did the Dec 01 leg).
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