Setup:
- Bullish continuation from 38.2%
- Bull flag with market structure confirmed, breaking out of it.
- Also, Market structure on MACD and RSI (OBV unconf.)
Notes:
- Lack of volume on breakout (could be a fakeout)
- OBV did not confirm market structure.
- Bullish continuation from 38.2%
- Bull flag with market structure confirmed, breaking out of it.
- Also, Market structure on MACD and RSI (OBV unconf.)
Notes:
- Lack of volume on breakout (could be a fakeout)
- OBV did not confirm market structure.
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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.