I am seeing here rounding bottom rising Pattern,
usually after that seems another small consolidation at top area and then give breakout.
there is two scenarios happen :
1) breakout suddenly
2) consolidate and then breakout
so I would prefer to not jump directly and wait for proper breakout above 587 for big rally
usually after that seems another small consolidation at top area and then give breakout.
there is two scenarios happen :
1) breakout suddenly
2) consolidate and then breakout
so I would prefer to not jump directly and wait for proper breakout above 587 for big rally
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Blogs : substack.com/@kzatakia
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.