KNC Next Leg Up
Had a bounce off the Kijun which signals good bullish momentum and continuation. Also currently forming a descending pennant as the volume aligns with that as well. A break of the pennant and we should see the next target at the 1.618 Fib level of the previous retracement which also happens to be the same distance as the pole.
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.