Well if I'm wrong tough luck
But we are seeing a triangle formation
We also seeing a bullish flag as mentioned but we see a slight decent in the flag could be a sign of a build up for break out
There is a temporary support we're previously indicated as bullish weakness.
If we follow the trend a break out is more likely
We Al's know that the market is in equalibrium between bulls and bears
But the higher close and open close to the top part of the range also shows that the likely would of a break out to the upside is more likely that a sell off
ALL I CAN SAY IS WE NEED TO ADJUST AS THE INFO CHANGE IN THE MARKET SO LET'S SEE WHAT HAPPENS AS WE GO ALONG.
But we are seeing a triangle formation
We also seeing a bullish flag as mentioned but we see a slight decent in the flag could be a sign of a build up for break out
There is a temporary support we're previously indicated as bullish weakness.
If we follow the trend a break out is more likely
We Al's know that the market is in equalibrium between bulls and bears
But the higher close and open close to the top part of the range also shows that the likely would of a break out to the upside is more likely that a sell off
ALL I CAN SAY IS WE NEED TO ADJUST AS THE INFO CHANGE IN THE MARKET SO LET'S SEE WHAT HAPPENS AS WE GO ALONG.
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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.