This analysis includes the monthly, weekly, daily and four hour charts.
On the monthly chart:
It has crossed a downtrend, which is the upper leg of a continuation triangle
It is currently heading to exceed 130.924, and in case it is exceeded, the purchasing objectives will be:
(131.605 - 132.254 - 133.825 - 135.270 - 137.128 - 138.208 - 140.421 - 144.175 - 147.612 - 154.486 - 160.882 - 167.590)
provided the area is not broken 129,300 - 127,531
_____________
But if he breaks the area 129.300 - 127.531, he has two selling goals:
122.620 - 121.472
_____________
My personal opinion: It is in a strong bullish trend and I am buying.
Note: I hope no one accuses me of insane, as this analysis is basically insane.
On the monthly chart:
It has crossed a downtrend, which is the upper leg of a continuation triangle
It is currently heading to exceed 130.924, and in case it is exceeded, the purchasing objectives will be:
(131.605 - 132.254 - 133.825 - 135.270 - 137.128 - 138.208 - 140.421 - 144.175 - 147.612 - 154.486 - 160.882 - 167.590)
provided the area is not broken 129,300 - 127,531
_____________
But if he breaks the area 129.300 - 127.531, he has two selling goals:
122.620 - 121.472
_____________
My personal opinion: It is in a strong bullish trend and I am buying.
Note: I hope no one accuses me of insane, as this analysis is basically insane.
Note
It succeeded in two results, and it is still continuing
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.
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.