Following the daily chart there seems to be classic Wyckoff Accumulation currently in phase D heading to Phase E.
Support and resistance seems clear and back testing upper support is normal when approaching Phase E.
Things are still bullish unless we fall out of the structure.
60% upside - 40% downside/sideways.
Support and resistance seems clear and back testing upper support is normal when approaching Phase E.
Things are still bullish unless we fall out of the structure.
60% upside - 40% downside/sideways.
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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.