What you are seeing: The price has broken out of a long-term accumulation zone.
Why it matters: This breakout signals strength and the end of a long consolidation period.
What you expect next: I anticipate an explosive upward move.
Why it matters: This breakout signals strength and the end of a long consolidation period.
What you expect next: I anticipate an explosive upward move.
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.