Apart from MACD, RSI not showing any divergence... this formation looks like a Cup and Handle
And according to Investopedia, it does exists (no idea about the handle,
but it still looks like a correction been done in the mid-lever of the cup
Never seen this pattern before, so let's see if it succeeds.
And according to Investopedia, it does exists (no idea about the handle,
but it still looks like a correction been done in the mid-lever of the cup
Never seen this pattern before, so let's see if it succeeds.
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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.