Recently the chart has passed a significant resistance zone (pink one), motivated by the previous resistance zone at the point O, which after getting rid of the triangle pattern, is a good sign to have an uptrend. so putting them together, we should expect the chart pullback to the pink zone, bounce there for a while, and then jump up.
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.
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.