Hi traders:
MA has a nice continuation structure forming.
We see price had a strong bull move up, and now forming continuation correction.
I would like to see price correctively move down once more and complete this channel structure and buy from the bottom.
Alternatively, price can break above, and form smaller correction to go up.
I am expecting that once price breaks out of this structure, there is high probability to hit the previous all time tops.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
MA has a nice continuation structure forming.
We see price had a strong bull move up, and now forming continuation correction.
I would like to see price correctively move down once more and complete this channel structure and buy from the bottom.
Alternatively, price can break above, and form smaller correction to go up.
I am expecting that once price breaks out of this structure, there is high probability to hit the previous all time tops.
Traders, if you like my analysis, please like, follow, and comment. I welcome all kinds of feedback, suggestions and opinions, thank you.
Note
Wait for potential breakout and continuation here.Note
Wait for more correction to add in the buys.
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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.