The bullish continuation patterns and the consistent daily demand zones indicate that the trend is still bullish despite last week's bearish correction.
Price is currently reacting to a daily support zone. To confirm going long, especially long term, I recommend waiting for the current falling wedge to breakout and retest and then ride the bullish momentum to daily and weekly supply zones.
Price is currently reacting to a daily support zone. To confirm going long, especially long term, I recommend waiting for the current falling wedge to breakout and retest and then ride the bullish momentum to daily and weekly supply zones.
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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.