Price action has formed a series of HHs and HLs.
Price is currently moving in a rising channel.
And has just retested the bottom of the channel with the formation of a Bullish Hammer.
Protect the recent HL.
Expect the price to move up towards Target 1 and later towards second Target zone.
Price is currently moving in a rising channel.
And has just retested the bottom of the channel with the formation of a Bullish Hammer.
Protect the recent HL.
Expect the price to move up towards Target 1 and later towards second Target zone.
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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.