This one is appears to be setting up for a reversal. Price at a monthly resistance level ....two consecutive swing highs ....not the same on MACD = Divergence.
Also looks like like a head and shoulder with second shoulder not making any new highs.
Primary trendline have been tested from below and it held .....break of the secondary trendline which would also break the last swing low could be a good entry point.
lets see how this one transpires.
Also looks like like a head and shoulder with second shoulder not making any new highs.
Primary trendline have been tested from below and it held .....break of the secondary trendline which would also break the last swing low could be a good entry point.
lets see how this one transpires.