I wonder if this pattern is the one which is highlighted by our friend and chart analyst The_Alchemist_Trader_
Let's see if it need to test one last time the support of this channel or if it will break out for the long waited rally.
Level to keep an eye :
0.5 Fib support need to hold and clean breakout of the 0.382 Fib
Indicators : RSI, volume and volatility (liquidations)
Let's see if it need to test one last time the support of this channel or if it will break out for the long waited rally.
Level to keep an eye :
0.5 Fib support need to hold and clean breakout of the 0.382 Fib
Indicators : RSI, volume and volatility (liquidations)
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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.