Critical point at the upper border of the 14 year old channel. Difficult to decide if the blue or red line is the right one, but anyway looking a bit more bullish than bearish.
After the last attempt to escape upwars (test-pump 2020-2022) now the real thing is probable.
Otherwise a SHS may be formed which would target exactly the lower border.
After the last attempt to escape upwars (test-pump 2020-2022) now the real thing is probable.
Otherwise a SHS may be formed which would target exactly the lower border.
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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.