The price is currently trading just below 200SMMA as the key resistance under the assumption that its major 4-wave triangle breakout could be possible with double bottom pattern and MACD golden cross.
This bullish scenario has the downside is -8% and the upside is +10 - 20% with RRR: 1.5-2:1.
This bullish scenario has the downside is -8% and the upside is +10 - 20% with RRR: 1.5-2:1.
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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.