We are looking to go long upon the breakout of the descending slope, we have 4-hr EMA that could be creating a nice dynamic support for us to the upside. At the entry zone we will be waiting for price action.
note:We are within an Ascending Triangle on a Daily chart, so we are expecting a breakout to the upside but that's long term it could take quite a few days before it happens.
note:We are within an Ascending Triangle on a Daily chart, so we are expecting a breakout to the upside but that's long term it could take quite a few days before it happens.
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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.