On daily timeframe price broke above previous daily resistant which indicates to us that it is not a strong support zone. Then price created a nice M pattern on daily and H4 indicating that the price is at the same daily neckline, which price must break expected and move bullish till TP @ 30.185
Trade active
still runningTrade closed: target reached
Analysis went accordinglyDisclaimer
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.