There is an ascending triangle which just brokeout.
RSI is exiting oversold area in the Daily timeframe.
Currently Trading in the ichimoku cloud area, should wait for exit of the area.
I believe this is Impulse 3 on elliot wave cycle.
Fibonancci retracement first TP is at 5.82
Let me know what you think
RSI is exiting oversold area in the Daily timeframe.
Currently Trading in the ichimoku cloud area, should wait for exit of the area.
I believe this is Impulse 3 on elliot wave cycle.
Fibonancci retracement first TP is at 5.82
Let me know what you think
Note
False breakout lol, i might have got the hypotenos wrong, good thing the support is clear and still holding Edit : 11/02
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.
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.