Short/Midterm view:
The "Trumpy" uptrend is still intact.
We see the next bullish chartpattern - a bullish flag or classical 1-2-3 pattern!
How to trade it? Feel free to have a look at:
or 
Longterm view:
We have reached THE central Pivot resistance Level @ ~ 250$! Above that Level, the sky is the Limit!
But: The RSI signs a weak selling Signal. Interesting Niveaus for an upcoming (and healthy) consolidation could be the 38,2 fibo at 204$. At the fibos 0,5 and max are also based the SMA/EMAs!
Former view:
Trendbreak + Double Bottom + H&S=Long?
The "Trumpy" uptrend is still intact.
We see the next bullish chartpattern - a bullish flag or classical 1-2-3 pattern!
How to trade it? Feel free to have a look at:
Longterm view:
We have reached THE central Pivot resistance Level @ ~ 250$! Above that Level, the sky is the Limit!
But: The RSI signs a weak selling Signal. Interesting Niveaus for an upcoming (and healthy) consolidation could be the 38,2 fibo at 204$. At the fibos 0,5 and max are also based the SMA/EMAs!
Former view:
Trendbreak + Double Bottom + H&S=Long?
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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.
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.