Convergence of the weekly on MACD has almost worked out 
It is important to stay above 25K (the level of the neck of the Head and Shoulders reversal formation) for continued growth
At the moment, we are consolidating after a local growth, a breakdown of 29K will be a breakdown of the triangle pattern and with a high probability will give rise
The task is to stay above 25K, if this succeeds, then most likely in the near future we will make another attempt to pass 29K and above
It is important to stay above 25K (the level of the neck of the Head and Shoulders reversal formation) for continued growth
At the moment, we are consolidating after a local growth, a breakdown of 29K will be a breakdown of the triangle pattern and with a high probability will give rise
The task is to stay above 25K, if this succeeds, then most likely in the near future we will make another attempt to pass 29K and above
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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.