Retest of trend-line support of an ascending triangle.
Will be looking for a confirmation candle and for the MACD to turn Bullish
This is NOT a recommendation of any kind - if you choose to trade according to this analysis you are the only one responsible for the results.
Possible breakout of an ascending triangle pattern and of the daily 200EMA
Expecting price to retest the uptrending support and then bounce back for the breakout
Waiting for a more clear bullish crossing of the MACD, for a bullish EMA crossing and for over-the-average volumes
Very strong trend,
MACD bullish for the weekly, daily and 4h time-frames but bearish for the 1h time-frame.
Supprt zone (Green rectangle) is stringer than usual due to the several EMAs in it.
Likewise, we now have a bullish crossing of 200EMA & 100EMA indicating how strong the trend is and acting as support too.
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Descending Triangle Breakout
Low Volume Nodes create Support and Resistance
High Volume Node acts as consolidation area and as a possible breakout point
MACD indicates a bullish trend coming next and supports the breakout scenario
