Daily Chart Explanation:
The Ascending Channel has been broke, and now a corrective structure is being made towards it and the Resistance Zone. If the structure is broke, we expect a downside move to the Middle Support Zone, and if it is broke, then the Major Target is the Weekly Support Zone at 25.
Weekly Timeframe:
The Ascending Channel has been broke, and now a corrective structure is being made towards it and the Resistance Zone. If the structure is broke, we expect a downside move to the Middle Support Zone, and if it is broke, then the Major Target is the Weekly Support Zone at 25.
Weekly Timeframe:
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.