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We see that the price is in a triangle and awaiting a breakout.
So far I see a bullish breakout. Firstly price has a potential head and shoulders pattern on weekly.
And secondly price has formed a support at .50 fib retracement zone.
Goodluck and trade with wisdom.
We see that the price is in a triangle and awaiting a breakout.
So far I see a bullish breakout. Firstly price has a potential head and shoulders pattern on weekly.
And secondly price has formed a support at .50 fib retracement zone.
Goodluck and trade with wisdom.
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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.