Restaurant Brands Breakout
Based on technical analysis, I see Restaurant Brands breaking through resistance which is the red cloud above the candles.
Heres why I believe this,
Double Buy signal on the Guth 3x confirm which is highly accurate
Growing bullish divergence as indicated by the MACD and D+ ( green shadow below candles representing growing bull strength )
Daily volume is low meaning the selling of should be nearing and end initiating a bull cycle as investors buy this low
Comment your thoughts below & like if you see this happening
Heres why I believe this,
Double Buy signal on the Guth 3x confirm which is highly accurate
Growing bullish divergence as indicated by the MACD and D+ ( green shadow below candles representing growing bull strength )
Daily volume is low meaning the selling of should be nearing and end initiating a bull cycle as investors buy this low
Comment your thoughts below & like if you see this happening
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.