Similar break of a downward resistance in descending white lines
Right now price is within a descending scallop, this will likely break out bullishly once a "new uptrend" is formed along the green line which has only previously seen a few touches
Bearish until Trend Line is hit
Right now price is within a descending scallop, this will likely break out bullishly once a "new uptrend" is formed along the green line which has only previously seen a few touches
Bearish until Trend Line is hit
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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.