Break out of sideways consolidation after price action tightening of late.
Significant Increase of volume on the 16th of July indicates a confirmation.
Back testing displays that the price has moved up significantly after a similar consolidation in previous years.
Price now above all significant EMA's.
Entry - .725
Significant Increase of volume on the 16th of July indicates a confirmation.
Back testing displays that the price has moved up significantly after a similar consolidation in previous years.
Price now above all significant EMA's.
Entry - .725
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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.