On the daily chart, we see that BAND is about to break through the ascending triangle and continue the bullish movement.
The weekly chart shows that the Elliott wave pattern is almost completed and this could be the last bullish move from which a bearish trend could begin.
It is also confirmed that the bearish move will start soon on the monthly chart where the double bottom pattern was formed and the new support area is expected to be retested.
If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis .
Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.
The weekly chart shows that the Elliott wave pattern is almost completed and this could be the last bullish move from which a bearish trend could begin.
It is also confirmed that the bearish move will start soon on the monthly chart where the double bottom pattern was formed and the new support area is expected to be retested.
If you like ideas like this, please like and subscribe to this channel so as not to miss another technical analysis .
Write your opinion about it in the comments. I would like to discuss this with anyone.
This is NOT a FINANCIAL ADVICE. This is just my point of view on the current situation.