We can see an ascending triangle supported by a cluster of EMA20 & EMA30. The price action is in a consolidation phase. The second explosion is incoming IMO. This trade could garner a profit to the tune of 40%.
Note
This scenario is invalidated; however, there are other bullish factors at work. Still waiting.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.
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.