Novice trader here guys follow my ideas at your own peril !!!
Im seeing a breakout of a triangle here on the 4 hour, Its going North and SXP has legs to run when it takes off !
-Price now crossed over the Bollinger Band centre line
-Look to have a bullish engulfing forming
-RSI looks Good
-Resistance nearly cleared
1st Target : 0.00022000
2nd Target : 0.00027504
3rd Target : 0.00032338
Im seeing a breakout of a triangle here on the 4 hour, Its going North and SXP has legs to run when it takes off !
-Price now crossed over the Bollinger Band centre line
-Look to have a bullish engulfing forming
-RSI looks Good
-Resistance nearly cleared
1st Target : 0.00022000
2nd Target : 0.00027504
3rd Target : 0.00032338
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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.