W1 - Potential up move possible based on the two cycles (Big and short term one). Breakout of the range after the first leg with momentum.
D1 - Double wave correction to the breakout line.
H4 - Price broke above the channel and bounced. Now trading inside a channel. Currently near the bottom of this channel 61% fibo.
H1 - We have bullish divergence.
D1 - Double wave correction to the breakout line.
H4 - Price broke above the channel and bounced. Now trading inside a channel. Currently near the bottom of this channel 61% fibo.
H1 - We have bullish divergence.
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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.