Another Accumulation pattern found on ADABTC chart: Traditional "Saucer" or "Rounding Bottom" Trading Range also known as Head and Shoulders (inverted) bottom.
Price still in E phase, so there is a good opportunity to buy for holding mid term.
Targets are 1600—1800—2300—2500—3000
Price still in E phase, so there is a good opportunity to buy for holding mid term.
Targets are 1600—1800—2300—2500—3000
Trade active
Nice breakout, I am expecting revisiting 1200-1300 area check this explanation:youtube.com/watch?v=Fqz-2JPxhVg&t=4719s
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.