Monthly, weekly, and daily charts all point north.
Note
Although a down day, looks ready to test the weekly wedge top. Daily bar is bearish but may be a pause before continuing up. Signs still looking bearish. This week's price action will confirm either direction.Note
Today's daily bar closed near the top of the trading range and brought price closer to the upper wedge line. The upside bar looks to be the first in the next leg up to test or breakout of the pattern. Anticipating a breakout in the next couple days.
Related publications
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.
Related publications
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.