The previously identified falling broadening wedge pattern is playing out, check out my previous post linked below.
The MACD is poised for a bullish cross, and momentum is picking up, expect consolidation around 97.1, or we may push straight through
The previous 2 sessions also printed bullish belt-hold candles where there is no lower wick, this indicates strong bullish action
The MACD is poised for a bullish cross, and momentum is picking up, expect consolidation around 97.1, or we may push straight through
The previous 2 sessions also printed bullish belt-hold candles where there is no lower wick, this indicates strong bullish action
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Related publications
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.