This is an awesome technical figure that's taking shape after a very long consolidation period; the impulsive leg starting from past October at 125.00 hit 148.00 at the end of the year and has been retracing since then, finding a strong support at 138.00
Today's candle should confirm the pattern, which hints for a bullish move (and hopefully a retest of 148.00 level); I'm already long.
Today's candle should confirm the pattern, which hints for a bullish move (and hopefully a retest of 148.00 level); I'm already long.
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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.