After the correctional movement, the price enters the accumulation zone.
The correction has formed a local trend line. It is obvious that it can be broken.
The only question is when will it happen?
I suppose that the breakout will take place after sufficient accumulation, so I am still betting on the formation of an additional zone of interest.
Thank you and good luck!
The correction has formed a local trend line. It is obvious that it can be broken.
The only question is when will it happen?
I suppose that the breakout will take place after sufficient accumulation, so I am still betting on the formation of an additional zone of interest.
Thank you and good luck!
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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.