SOL

Currently forming a head and shoulders top pattern

Formation Conditions

The right shoulder high point of 153.4 must not be breached

The neckline position of 145 must be broken

If it breaks below 145, the head and shoulders top is established, and the target can see the support level of 135.7. If it breaks above the right shoulder of 153.4 before breaking below 145, then the pattern fails

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