monthly TF price forms a symmetrical triangle.
on the daily TF the price is consolidating forming a flag pattern.
if the support flag is broken, it is possible that the price will continue to fall towards monthly support.
do not use this idea to trade, until you do further analysis.
on the daily TF the price is consolidating forming a flag pattern.
if the support flag is broken, it is possible that the price will continue to fall towards monthly support.
do not use this idea to trade, until you do further analysis.
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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.
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.