Weekly Chart :
The Macro Picture looks positive due to the Trading above the MUT (Major Up Trendline).
Daily Chart :
The Intermediate Trend (The Grey Trendline) Contains 2 Minor Downtrends, and the last one is getting squized between the lines.
Looking for Penetration of the Current Minor Down Trendline and Continuation Towards $ 42.
The Macro Picture looks positive due to the Trading above the MUT (Major Up Trendline).
Daily Chart :
The Intermediate Trend (The Grey Trendline) Contains 2 Minor Downtrends, and the last one is getting squized between the lines.
Looking for Penetration of the Current Minor Down Trendline and Continuation Towards $ 42.
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.