ACC on day timeframe shows consolidation at bottom. It has now strong base and support at 1800. All 20, 50, 100, 200 EMAs are coming together to squeeze and then breakout. Also it shows Cup formation pattern where price will follow right side of cup on uptrend. Bullish signal positional for target of 2600+
Disclaimer
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.
Disclaimer
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.