H&S Pattern may point to a higher target between 33,75 to 36,50

I see a H&S Pattern building shape and this may point to a much higher target as we may expect between 33,75 $ to 36,50$. On the very short term, we may still see a movement within the channel, but eventuelly price will jump out, which could be caused by unexpected development in negotiations between major producers behind doors. A sudden spike is in the cards again, as speculations on that subject rise.

Yorum:

Price did not pass neckline - trade did not materialize