Hey guys,
Interesting to note that the current price is holding on the median line of the pitchfork.
I have added a hypothetical support at this level. Should price rebound from here, we could have an ascending triangle which is a bullish pattern.
Tonight's closing could potentially validate or invalidate this idea.
Trade with care!
Cheers
Jesse
I have added the projected target in case this scenario is valid.
Interesting to note that the current price is holding on the median line of the pitchfork.
I have added a hypothetical support at this level. Should price rebound from here, we could have an ascending triangle which is a bullish pattern.
Tonight's closing could potentially validate or invalidate this idea.
Trade with care!
Cheers
Jesse
I have added the projected target in case this scenario is valid.
Trade closed: target reached
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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.