Strong momentum above USD31 suggests the Fibonacci correction is nearing its limit, The “Gap Up” patterns implies more potential upside movement, Ongoing buy signal points towards a positive outlook, Supported by the “Bullish Divergence” pattern: Expect more buying activities.
(Disclaimer: All the information are mean for educational and informational purposes only, and is made available to you as self-help tools for your own use. This is not intended to be a substitute for professional financial advice.)
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.