Pair previously pushed passed what was resistance that it tested several times and over extended to the upside on a daily and weekly time frame. At the moment it is correcting to the downside and a possibility of the pair testing of what was resistance as support before it continue to the upside is at play.
A nice possible setup to lookout for. A confirmation will determine that.
Head and ShouldersSupport and Resistance

Haftungsausschluss