Following a classic technical view. The instrument has been trading in a global bull trend. Recently, it formed a descending expanding wedge pattern next to a key zone which I view as an accumulation.
When to buy ? In my view, I will only buy if breakout of this pattern and break above the key zone.
Please do your own analysis before placing any trades.
Cheers and Happy Trading !!!!
When to buy ? In my view, I will only buy if breakout of this pattern and break above the key zone.
Please do your own analysis before placing any trades.
Cheers and Happy Trading !!!!
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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.
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.