Looks like we're going to suffer a 300usd range as we near this triangle's apex. Should breakout in around 15days, expect the range to contract as we near the apex.
It's a bear flag but the overall structure since May is bullish so I reckon we will break to the upside sometime mid October. Could dip below and hit the major trend-line, that is a hard-buy zone.
Compared to the prior triangle this one is slightly smaller and by that logic the breakout should be less volatile.
I posted my long-setup earlier and I'm still sticking to it.
If you like my analysis please give it a thumbs-up and give me a follow.
Regards,
cept0r
It's a bear flag but the overall structure since May is bullish so I reckon we will break to the upside sometime mid October. Could dip below and hit the major trend-line, that is a hard-buy zone.
Compared to the prior triangle this one is slightly smaller and by that logic the breakout should be less volatile.
I posted my long-setup earlier and I'm still sticking to it.
If you like my analysis please give it a thumbs-up and give me a follow.
Regards,
cept0r
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Phd Ponzinomics
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Phd Ponzinomics
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Trader
Entrepeneur
Phd Ponzinomics
Entrepeneur
Phd Ponzinomics
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.