S32 - Critical Weekly H&S

Looking at South 32, we may derive the following from the weekly chart:

1. A noticeable h&s pattern had been formed over the past 2 years.

2. Price is on the neckline support.

3. A push down should trigger the technical pattern.

4. It's pretty dangerous to trade it now, wait for confirmation.

5. As always - maintain your risk management.

Let's see what happens.

Note: The views provided herein do not constitute financial advice.