The purple indicates the pattern formation it appears to be making. If that is the case, 2 things I predict to happen here, indicated by the turquoise arrows. It could go up a little more then drop, or drop soon from here. Dropping from here is what I'm predicting to happen.
This is just for my education and reference purposes. Trade your own strategy.
This is just for my education and reference purposes. Trade your own strategy.
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Note
Trade is going very well and as expected.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.
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.