ZM/USD: Daily Chart - Head and Shoulders about to break?
Bearish Patterns:
Indicators:
Fundamentally bullish on Zoom long term. They are big innovators and leaders in the space. Possible beginnings of an Ascending Triangle (bullish continuation)
- Head and Shoulder pattern at neckline on 4H Time Frame
Bearish candlestick patterns at resistance
Change in Market Structure ie. LH + LL
Indicators:
- RSI in overbought region
MACD Bearish continuation
Centre Bollinger Band broken down and re-tested
Fundamentally bullish on Zoom long term. They are big innovators and leaders in the space. Possible beginnings of an Ascending Triangle (bullish continuation)
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