Bump-and-run reversal bottom here in its run phase.
Price dropped off following the Lead-in Phase, moved into a narrow range, bump formed, rounded upward as price left the bowl and onto the uphill run with retest.
Final existing downtrend sitting at 30k. If the bump and run plays out perfectly, it will visit that level.
Price dropped off following the Lead-in Phase, moved into a narrow range, bump formed, rounded upward as price left the bowl and onto the uphill run with retest.
Final existing downtrend sitting at 30k. If the bump and run plays out perfectly, it will visit that level.
Note
What a run. Closing in on some big levels here.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.