Looks to be confirming support at the bottom of a big rising wedge potentially. I don’t fear is going to break down from this. ThT early in the pattern. Therefor looks like an amazing swing trade buying here up persistence at 170$ could try to swing it there while moving stoploss up on each resiatnce breakout.
First entry would need stoploss below 107. So risking a lot. Could tighten the stoploss if you didn’t want that much risk but I don’t think it’s breaking down. Looks like a double bottom bullish divergents on 4hr. Could be a solid trade!
First entry would need stoploss below 107. So risking a lot. Could tighten the stoploss if you didn’t want that much risk but I don’t think it’s breaking down. Looks like a double bottom bullish divergents on 4hr. Could be a solid trade!
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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.