Main items we can see on the chart:
a) The price broke the ascending channel
b) Currently, the price is above a Support/Resistance zone
c) On the edge of that level, we can see a corrective structure
d) IF the price breaks above the corrective structure we expect a bullish movement towards the 4hs target
e) The key zone is above the yellow structure if the breakout doesn't happen we will invalidate our view
a) The price broke the ascending channel
b) Currently, the price is above a Support/Resistance zone
c) On the edge of that level, we can see a corrective structure
d) IF the price breaks above the corrective structure we expect a bullish movement towards the 4hs target
e) The key zone is above the yellow structure if the breakout doesn't happen we will invalidate our view
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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.