What we see is a valid bullish breakout on top of an crucial resistance
We should expect a pull back in next candle.otherwise, crossing price from
blue highlighted area very important my anticipation is We will have some noise in this area
Indicators
MACD was able to crossing from zero line and now with gradual bullish tilt move forward.
RSI in very good condition and really strong with 65
161.8 and 261.8 fibo extension levels can be considered as a take profit
Do not forget that this analysis is a preliminary review.
GOOD LUCK
We should expect a pull back in next candle.otherwise, crossing price from
blue highlighted area very important my anticipation is We will have some noise in this area
Indicators
MACD was able to crossing from zero line and now with gradual bullish tilt move forward.
RSI in very good condition and really strong with 65
161.8 and 261.8 fibo extension levels can be considered as a take profit
Do not forget that this analysis is a preliminary review.
GOOD LUCK
Note
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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.
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.