NG Eyes Bullish Breakout! (July 10, 2024)1-hour Chart: Falling wedge pattern hints at a potential price reversal.
Current Price: ≈ 199.5
Bullish Signal: Watch for a break and close above 199.5 (resistance).
Downtrend resumes if price falls below 198.3.(Support)
Volume: Increased trading volume on the breakout would strengthen the bullish case.
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This information is for educational purposes only and should not be considered financial advice.
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.