Everything seems clear (:
Of course, on the condition of maintaining the price range of $13.73 and breaking the downward trend line
Of course, on the condition of maintaining the price range of $13.73 and breaking the downward trend line
Trade active
So far, the first phase of the scenario is complete for usNote
On the uptrend for us, a HH was not formed, the downtrend line was not broken with strength to the upside.Currently we only have one support area of $15.22 left!
You have a tight trend in the 15-minute time frame, and if we break out of this compression from the top, there is a high probability of advancing to the yellow range ($16.25).
Trade active
As long as the yellow range ($13.73) is maintained, our mindset for the formation of an upward trend remains.At the moment LL not formed for us, this is a positive sign and approval will be issued when a higher high is formed.
But it's simple! We broke out of the bearish wedge pattern (:
Trade active
The range of $13.73 is still maintained and the advance to the range of $18.34 is likely.
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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.
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.