Technically it is forming a bullish flag.
I would place my Buy Limit at Demand area, which is at $13.70 level.
Also, I have a pivot marking at $14.05 --> it serves two purposes:
(1) if my Buy Limit is triggered, $14.05 is my Take Profit level.
(2) if the price does not go any lower and crossing $14.05, it is likely to continue to be bullish.
Overall this week is rather bullish.
I would place my Buy Limit at Demand area, which is at $13.70 level.
Also, I have a pivot marking at $14.05 --> it serves two purposes:
(1) if my Buy Limit is triggered, $14.05 is my Take Profit level.
(2) if the price does not go any lower and crossing $14.05, it is likely to continue to be bullish.
Overall this week is rather bullish.
Note
The Bull is coming !!
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Related publications
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.