As mentioned below CL seems to be trying to form the right shoulder of the inverse H&S. Many traders see it. Will MM allow it to happen? Will this be a self-fulfilled prophecy? There are 2 possible necklines.
Daily support/resistance on 8th Aug: 41.85, 41.58
Weekly support/resistance from 8th- 12th Aug: 41.54, 40.65
Monthly support/resistance for Aug: 42.57, 44.96, 42.69, 45.3
Daily support/resistance on 8th Aug: 41.85, 41.58
Weekly support/resistance from 8th- 12th Aug: 41.54, 40.65
Monthly support/resistance for Aug: 42.57, 44.96, 42.69, 45.3
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