- Double bottom breakout in progress.
- Price just bellow next supply zone..building energy for a big move.
- I'd expect test of 29, with trendline in play.
- pullback there and consolidation above 24 should set it for next leg up around 44.
Note
Bingo - momentum is strong..watch for that trendline...if it doesn't get sold hard, 35 is on the table.Note
Has played out to the perfection...don't think this is done yet...watch for that consolidation around the current level.
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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.