PRL Inverse Head & Shoulders forming — 1 Hour chart signal

PRL has completed an inverse head & shoulders on the hourly chart with the head at 85.85 and the neckline at 99.25.

The pattern is confirmed by a hourly close above 99.52. The measured move from the neckline points to 110.97 (+11.8%). A close beyond the head at 85.85 cancels it.

Structure: bearish external, bullish internal (strong high 108.80). Nearest demand OB 81.50 - 84.12, supply OB 103.67 - 108.33.