Is the MACD on the edge of a brief turn up, with the price bouncing slightly off the (potential) support, or is the 'support' going to cave early?
I say 'support' because it is in no way established, merely assumed based on an estimated triangular consolidation pattern.
I say 'support' because it is in no way established, merely assumed based on an estimated triangular consolidation pattern.
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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.