Price has reached key level.
Watch for breakout or bounce of upper line as either way we will have an excellent opportunity for sell or buy .
Looks like we have bigger correction in development type of flat ABC.
Pattern in making I consider as continuation on of uptrend despite we might have another move down.
Possible it can be also trangle pattern in development but would need more evidence to conclude.
Good luck !
Watch for breakout or bounce of upper line as either way we will have an excellent opportunity for sell or buy .
Looks like we have bigger correction in development type of flat ABC.
Pattern in making I consider as continuation on of uptrend despite we might have another move down.
Possible it can be also trangle pattern in development but would need more evidence to conclude.
Good luck !
Note
Strong breakoutNote
Almost there.Home sweet home...
Trade closed: target reached
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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.