NEM is showing us ABC correction in form of a falling wedge. Daily MACD oversold, and we are near the bottom at the moment. Seems like a good buy opportunity.
Note
As we are approaching the apex, the breakout is about to occur.Trade closed: target reached
Breakout occured, ripe your reward :)
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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.