Now price is on the weekly trendline.
note the divergence that indicates the possibility for reversal on price direction.
look at recent overlapping price action that indicates its a correction phase.
the corrective pattern looks like WXYXZ
if it reverses and continue overall uptrend, there is opportunity to gain thousands of pips.
lets see how it going...
note the divergence that indicates the possibility for reversal on price direction.
look at recent overlapping price action that indicates its a correction phase.
the corrective pattern looks like WXYXZ
if it reverses and continue overall uptrend, there is opportunity to gain thousands of pips.
lets see how it going...
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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.