CNAB with bearish Head Shoulder?
In the long term CNAB shows a head shoulder with its neckline @ 42-47$. A break would be fatal. Technically, a sell out can be exspected under this level.
In the short term CNAB is well supported @ 0,6$. I think the zone between
- 0,6-0,8 has a neutral character (scalping box between 0,6-0,8)
-Prices > 0,8$ will generate a technical short-middleterm target @ 1$
-Prices< 0,6$ will generate a short term target @ 0,45$/0,4$
In the short term CNAB is well supported @ 0,6$. I think the zone between
- 0,6-0,8 has a neutral character (scalping box between 0,6-0,8)
-Prices > 0,8$ will generate a technical short-middleterm target @ 1$
-Prices< 0,6$ will generate a short term target @ 0,45$/0,4$
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