Ascending Triangle pattern in downtrend.
Possible resistance between 5.9 and 6.1 approx. Crossing at point of control of the current swing (range of price most traded) and the Golden ratio of 61.8% retracement.
Possible support between 3.8 and 4.2 approx.
Price sitting at it's EMA13 (purple).
Accumulation Distribution trending upward above it's ema13 (black/aqua)
MACD shrinking both below and above.
It is very likely it will break to the upside. It can go either to the current resistance, or penetrate it and make a double top. It depends on the market willingness to buy at this point.
Just an OPINION if it adds value please LIKE and FOLLOW. Best of Best my Friend :)
Possible resistance between 5.9 and 6.1 approx. Crossing at point of control of the current swing (range of price most traded) and the Golden ratio of 61.8% retracement.
Possible support between 3.8 and 4.2 approx.
Price sitting at it's EMA13 (purple).
Accumulation Distribution trending upward above it's ema13 (black/aqua)
MACD shrinking both below and above.
It is very likely it will break to the upside. It can go either to the current resistance, or penetrate it and make a double top. It depends on the market willingness to buy at this point.
Just an OPINION if it adds value please LIKE and FOLLOW. Best of Best my Friend :)
“All fixed set patterns are incapable of adaptability or pliability. The truth is outside of all fixed patterns” BL
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“All fixed set patterns are incapable of adaptability or pliability. The truth is outside of all fixed patterns” BL
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。