45. again... 50. & accumulation characteristic
A break upside 44. Is needed to confirm we are keeping on going up.
For now it is looking as an slow forming accumulation cycle, but the cycle has to unfold more to give us that confirmation.
A break under 39. Would make me wait for a test at lower zone for a better buy entries on light supply. Which I would consider 35.5 as next area to look at.
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Trade closed: target reached
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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.