This setup looks really strong. It's above the weekly and monthly trend lines plus it's about to exit this weekly grey volume box and test higher prices/next volume zone, which would be the burgundy and grey lines.
There has also been much news lately about speculators downgrading price targets, I wouldn't pay those much mind because I've seen many times where it has done the opposite of what they said.
There has also been much news lately about speculators downgrading price targets, I wouldn't pay those much mind because I've seen many times where it has done the opposite of what they said.
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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.