Long
MCR - 4th test of resistance - Cup and handle continuation
Cup and handle formation still in play
low volume, no confirmation of a breakout yet
Take profit zone is 52.5-56c based on a measured move
4th test of 47c resistance level and soaking of retail sellers
large buy orders continuing to come in at 46c support
low volume, no confirmation of a breakout yet
Take profit zone is 52.5-56c based on a measured move
4th test of 47c resistance level and soaking of retail sellers
large buy orders continuing to come in at 46c support
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.