Hello TV Friends!
When we take a look at the daily chart we can see that we are trading in a equilibrium pattern.,We are setting lower highs and higher lows and the range is getting smaller which eventually leads to a break.
If we don’t break this pattern bullish then we formed a double top and we might retrace.
If we break this pattern bullish and break resistance we normally will see a rally to the next major resistance zone.
Both Targets are on the chart, enjoy!
If this idea was helpful to you and if you want to get updates and want to see more of this, don’t forget to give a like and follow :)
When we take a look at the daily chart we can see that we are trading in a equilibrium pattern.,We are setting lower highs and higher lows and the range is getting smaller which eventually leads to a break.
If we don’t break this pattern bullish then we formed a double top and we might retrace.
If we break this pattern bullish and break resistance we normally will see a rally to the next major resistance zone.
Both Targets are on the chart, enjoy!
If this idea was helpful to you and if you want to get updates and want to see more of this, don’t forget to give a like and follow :)
CHECK IT OUT 😎
⬇️⬇️⬇️
youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt
⬇️⬇️⬇️
youtube.com/channel/UC_UP6XvTaTEKIapdM-aKzWA
twitter.com/TheChartingArt
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.
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.