$1810 Bottoming Out?
$1810 - currently trading within the descending triangle with a potential double bottom pattern because of the support area at 8.30 to 8.40. Could be a good opportunity for those who will be entering a new position as the chart is showing me signs of a healthy bottom.For conservative traders, breakout from the descending triangle would be the best entry.
*Not a recommendation, just pure analysis.
https://www.tradingview.com/x/rYMZqyg1/
*Not a recommendation, just pure analysis.
https://www.tradingview.com/x/rYMZqyg1/
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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.