Not much volatility lately as price continues to consolidate between 2500-2600.
H4 closes remain between the solid green and 2600. A slight adjustment was made to the trendline using the H1 chart; intersection is now shown around 3/19.
As long as we hold above this zone I believe there could be a chance of a bullish breakout. Keep in mind that the green line indicates a long-term low, not an extreme low.
H4 closes remain between the solid green and 2600. A slight adjustment was made to the trendline using the H1 chart; intersection is now shown around 3/19.
As long as we hold above this zone I believe there could be a chance of a bullish breakout. Keep in mind that the green line indicates a long-term low, not an extreme low.
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Related publications
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.