The Orange TL could potentially be the NECKLINE of a HEAD and SHOULDERS Pattern.
A break below the orange line could be very Bearish.
However a move above the Blue dashed line could invalidate the H and S formation.
A Descending Triangle is also evident ,which go either way.
A break below the orange line could be very Bearish.
However a move above the Blue dashed line could invalidate the H and S formation.
A Descending Triangle is also evident ,which go either way.