reached a significant bottom from the daily chart.
Here it turns out that an up-down game will begin.
The consolidation can break up towards the descending trend line. From there - either a drop to a second leg or a breakout to the next trend line (which is also a 200 moving average).
Second option, breaking down to the second leg (and from there.. we'll see).
Here it turns out that an up-down game will begin.
The consolidation can break up towards the descending trend line. From there - either a drop to a second leg or a breakout to the next trend line (which is also a 200 moving average).
Second option, breaking down to the second leg (and from there.. we'll see).
Trade active
up we go.. but not for a long run yetNote
Trade closed: target reached
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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.