TTD daily chart reflects clear Head and Shoulders, with flag above it.
The flag was broken down in recent move downwards, also moving the price below the neckline, indicating potential failure of a signal,
Although, as the price has emerged back above the neckline, and coming back in range, that could be an indication to upcoming strong upward rally sooner!
The flag was broken down in recent move downwards, also moving the price below the neckline, indicating potential failure of a signal,
Although, as the price has emerged back above the neckline, and coming back in range, that could be an indication to upcoming strong upward rally sooner!
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A recent golden cross is additional supporting bullish signal!
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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.