Since entering weekly support at 140.00 in April, we have seen a steady series of higher highs and lows (buyers in charge).
The MACD suggests that the bullish momentum is still strong with the peaks also making higher highs.
Price is approaching the current trendline and we may see buying resume again soon.
This is an idea of what may happen.
Always trade with a profitable strategy and good risk management.
The MACD suggests that the bullish momentum is still strong with the peaks also making higher highs.
Price is approaching the current trendline and we may see buying resume again soon.
This is an idea of what may happen.
Always trade with a profitable strategy and good risk management.
Low-Cost Trading, for everyone, everywhere.
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.
Low-Cost Trading, for everyone, everywhere.
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.