Head / shoulders formation

٢٨ ديسمبر ٢٠١٧

In previous days, we are able to see 'head and shoulders' reversal formation. If the formation is going to be valid, we might see the price dropping at least to 12 700 USD price level or further. If otherwise, we should stick with the support levels and expect the price rise again in the next few days after the Christmas correction.