We finally reached the weekly moving average. Correction time?
Now that we've hit the moving average, might the blue box act as a possible support zone if there's a crash?
Also, we have our cup, but where's our handle? Oh look, it's at the top of my blue box if we're bullish for September, or we might hit that bottom support first if we're bullish closer to December.
Also, we have our cup, but where's our handle? Oh look, it's at the top of my blue box if we're bullish for September, or we might hit that bottom support first if we're bullish closer to December.
Trade closed: target reached
Well, close enough.
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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.