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davearmitage123

Possible bullish move around the 8th Jan

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Support and Resistance Triangle
2
1
supportandresistance triangle
Triangle forming which may indicate a possible bullish move around the 8th Jan

If we cross through the triangle there may be resistance around...

Level 1 - $4.33
Level 2 - $5.17
Level 3 - $5.88

I'm new to TA so please rely on your own judgements and invest wisely.


Happy Hunting :)
Komen:
We crossed the triangle's resistance line which then got met my another resistance as marked out. This pushed us back below the original triangle's resistance.

I am still following this triangle and still feel bullish action around the 8th Jan or before.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.