Main items we can see on the chart:
a) The price is inside a clear range, between a support and a resistance zone
b) Inside the range, we can see a broken descending trendline after the price bounced on the support zone
c) After the breakout, we can see a corrective Structure
d) If the Corrective Structure is broken we expect a continuation of the bullish movement, towards the next resistance zone
a) The price is inside a clear range, between a support and a resistance zone
b) Inside the range, we can see a broken descending trendline after the price bounced on the support zone
c) After the breakout, we can see a corrective Structure
d) If the Corrective Structure is broken we expect a continuation of the bullish movement, towards the next resistance zone
Penafian
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Penafian
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.