Accumulation phase - Wait for breakout...
We have a Major ascending channel on the daily time interval
And a minor ascending channel on the hourly time intervals,
With price accumulating at a weekly resistance level
We will wait for a breakout or rejection to take place.
And a minor ascending channel on the hourly time intervals,
With price accumulating at a weekly resistance level
We will wait for a breakout or rejection to take place.
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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.