I expect we will see a temporary uptick from here. There are many reasons that confirm
The price is inside a consolidation zone and coincides with the trend line and there is also a divergence in the MACD indicator
Also, for the correction to be completed, we expect to get an upward C wave
The price is inside a consolidation zone and coincides with the trend line and there is also a divergence in the MACD indicator
Also, for the correction to be completed, we expect to get an upward C wave
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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.