Triangle has formed on the two hour chart.
The top and bottom lines converge in mid April, but I suspect we will see a breakout before then.
When the breakout occurs I think there will be resistance at 7450, if it can break that level the next resistance will come around 7'900.
Comments, questions, criticism always appreciated.
Cheers!
The top and bottom lines converge in mid April, but I suspect we will see a breakout before then.
When the breakout occurs I think there will be resistance at 7450, if it can break that level the next resistance will come around 7'900.
Comments, questions, criticism always appreciated.
Cheers!
Note
BreakoutNote
resistance at black downtrend line
-machinelearnt
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-machinelearnt
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.