If we break out of this broadening top pattern to the upside which it looks like we will i think we will se prices pump near 131
Our broadening pattern has a partial decline which indicates a higher chance of a breakout to the upside upon hitting the top trendline.
I will be careful of any price action below the green line now at 126.99 but anything above that seems very promising for bulls.
Our broadening pattern has a partial decline which indicates a higher chance of a breakout to the upside upon hitting the top trendline.
I will be careful of any price action below the green line now at 126.99 but anything above that seems very promising for bulls.
Trade closed: stop reached
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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.