Rejection of 200 EMA and bottom blue support line. Expecting it to go up for a while but poor reward/risk.
Waiting for it to test top red trendline. If it fails the test, it may fail to the middle red trendline and the black support line (confluence).
Waiting for it to test top red trendline. If it fails the test, it may fail to the middle red trendline and the black support line (confluence).
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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.