Hi everyone, let's get to the point!
4h graph shows us a falling wedge, going near the uptrend bottom line (in red), the support level I mentioned in other ideas. With that said, we can expect a breakout in next 4 to 12 hours, and the target is near the strong resistance area.
Go Bulls!
4h graph shows us a falling wedge, going near the uptrend bottom line (in red), the support level I mentioned in other ideas. With that said, we can expect a breakout in next 4 to 12 hours, and the target is near the strong resistance area.
Go Bulls!
註釋
And the RSI going under 30 shows us that the breakout has a good chance of happening.註釋
Bears tried to take prices out of triangle, but it's back to the falling wedge.
We need a breakout with lots of volume.
Go Bulls!
註釋
Possible breakout with retest of former resistance acting as a support! Textbook falling wedge.
New resistances between 8100 and 8500, target at 9000
Go Bulls!
註釋
To complete, Bullish cross in MACD and rising RSI
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