As above.
Volume spike and bumping up against top trendline of both a descending triangle that formed in May and a large descending wedge that formed in March 2021.
Also, BB squeeze on multiple lower time frames so probable big movement in price action soon.
Would need nice push up over 0.65 to consider breakout and possible uptrend to continue.
Good luck traders!
Volume spike and bumping up against top trendline of both a descending triangle that formed in May and a large descending wedge that formed in March 2021.
Also, BB squeeze on multiple lower time frames so probable big movement in price action soon.
Would need nice push up over 0.65 to consider breakout and possible uptrend to continue.
Good luck traders!
Note
BREAKDOWN that is!!!
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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.