Hello🧐
This is a short technical approach analysis. I am expecting price to break resistance and head for 17.6, then come back down and test 16.6 support before more up. We have formed a nice symmetrical triangle structure over the last week, this could be bullish or bearish but I am leaning towards bullish because of the support we have gained at the bottom of the structure.
⏫📈😄
There also seems to be a bullish bat harmonic pattern on hourly TF.
Invest at your own risk!!
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay
This is a short technical approach analysis. I am expecting price to break resistance and head for 17.6, then come back down and test 16.6 support before more up. We have formed a nice symmetrical triangle structure over the last week, this could be bullish or bearish but I am leaning towards bullish because of the support we have gained at the bottom of the structure.
⏫📈😄
There also seems to be a bullish bat harmonic pattern on hourly TF.
Invest at your own risk!!
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you!
Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄
Jazerbay
Trade active
Trade closed manually
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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.