Not muc to say, graph is so clear.
If we look at the long term chart - which starts in 2008 crisis, trend broken in 2024 summer.
We can see a clean breakout from the fallen wedge, also there is a cup % handle breakout in the last candle.
As a supporting point, my power indicators are also supporting a long signal.
So it's a clear bullish signal on my side.
Be aware that each candle represents 3 months.
Wondering about your thoughts!
If we look at the long term chart - which starts in 2008 crisis, trend broken in 2024 summer.
We can see a clean breakout from the fallen wedge, also there is a cup % handle breakout in the last candle.
As a supporting point, my power indicators are also supporting a long signal.
So it's a clear bullish signal on my side.
Be aware that each candle represents 3 months.
Wondering about your thoughts!
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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.