Looking like this may be the first signs of a trend reversal. A breakout above the top line of the purple box will be indicative of confirmation of bullish sentiment. A break below will likely signal a continuance of the bear market.
Thanks for looking! Please give a thumbs up/like if you could.
I'm trying to gather enough reputation points to use the TV chat rooms.
Once again, purple box should lie parllel within the green trend lines...I'm unsure why it's skewed like it is. Something in the publishing process messed up my chart. :(
Thanks for looking! Please give a thumbs up/like if you could.
I'm trying to gather enough reputation points to use the TV chat rooms.
Once again, purple box should lie parllel within the green trend lines...I'm unsure why it's skewed like it is. Something in the publishing process messed up my chart. :(
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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.