Monthly shows a strong bull run to the upside despite the fact that we did expected a reversal in the beginning but it is what it is.
Weekly prints a strong momentum to the upside with an ascending wedge formation.
Daily, we might expect a range within the weekly wedge zones for the accumulation for a further movement to the outside
So in summary, we're having long term bullish movement to the upside however, we might be seen a short term move to the downside if an only if that's not the move we just saw.
Weekly prints a strong momentum to the upside with an ascending wedge formation.
Daily, we might expect a range within the weekly wedge zones for the accumulation for a further movement to the outside
So in summary, we're having long term bullish movement to the upside however, we might be seen a short term move to the downside if an only if that's not the move we just saw.
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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.