After a long falling wedge, there will be an attempt to form a base. Today's candle could mark the beginning of the base formation if it can sustain this breakout.
It will be a sideways contender for a while but this is where accumulation would begin. Momentum will come eventually.
It will be a sideways contender for a while but this is where accumulation would begin. Momentum will come eventually.
Trade closed: target reached
Target 3 achieved Related publications
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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.