On the Weekly chart:
Strong Supply Zone with Triple Tops.
Ascending channel
Will it break the strong resistance and continue higher or will it bounce and moves lower?
On Daily chart:
The price bounced from a Dynamic uptrend channel with a key reversal that indicates the price might move higher in the short term and might form a right shoulder from H & S formation
If you look at my chart, it seems that the price already formed the left shoulder and the head but now we are waiting for the right shoulder to form.
Strong Supply Zone with Triple Tops.
Ascending channel
Will it break the strong resistance and continue higher or will it bounce and moves lower?
On Daily chart:
The price bounced from a Dynamic uptrend channel with a key reversal that indicates the price might move higher in the short term and might form a right shoulder from H & S formation
If you look at my chart, it seems that the price already formed the left shoulder and the head but now we are waiting for the right shoulder to form.
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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.
Join our PropSignals Channels on Telegram
t.me/PropsignalAE
t.me/PropsignalAE
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.