The instrument formed the formation of an ascending triangle with the compression of the minima along the trend line, with each touch of which there is a noticeable increase in volumes, which indicates the presence of an active buyer. There is also a resistance level with several touches, behind which liquidity has accumulated.
I will wait for the continuation of consolidation along the level and an impulse movement with the withdrawal of liquidity.
I will wait for the continuation of consolidation along the level and an impulse movement with the withdrawal of liquidity.
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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.