Given the positive divergence, on the 4-hour time frame we can predict an uptrend.
First to point A
Then, if we exit the channel, we will see higher targets.
So,
Buying a step may be appropriate. then wait for a breakout of the channel.
Or wait until it breaks out of the channel and then buy.
It may be better to buy before point A.
First to point A
Then, if we exit the channel, we will see higher targets.
So,
Buying a step may be appropriate. then wait for a breakout of the channel.
Or wait until it breaks out of the channel and then buy.
It may be better to buy before point A.
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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.
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.