Main items we can see on the chart:
a) The price has reached a major Resistance Zone
b) Before that, we have observed a breakout of a clear corrective Structure
c) The Target of that breakout goes beyond the current resistance
d) However, we expect a correction on the current level before the continuation of the bullish trend
a) The price has reached a major Resistance Zone
b) Before that, we have observed a breakout of a clear corrective Structure
c) The Target of that breakout goes beyond the current resistance
d) However, we expect a correction on the current level before the continuation of the bullish trend
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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.
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.