Fact is, we're in downtrend since May 6th. No higher high since then.
If you're trying to be aggressive, I'm seeing iH+ in formation (violett). You could
trade it up to neckline and then let's see how it breakouts.
Overall, I'm bullish. However, you're not missing anything if you stay on the sidelines
for now. Go make a pizza and grab a beer or something.
--
If you're trying to be aggressive, I'm seeing iH+ in formation (violett). You could
trade it up to neckline and then let's see how it breakouts.
Overall, I'm bullish. However, you're not missing anything if you stay on the sidelines
for now. Go make a pizza and grab a beer or something.
--
Note
We're nearing neckline. That's where it get complicated. There is Rising wedge forming, so I'm a bit sceptic that we will break downtrend resistance line...
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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.