Riding the 7EMA up to resistance = rising triangle, likely to break within the next 2 days.
Im very familiar with this pattern on the smaller timeframes, so to see it on the daily level tells me that this will likely bring a nice 15-20% move.
Just an assumption. Nice range in play, current price ~middle range, however there is good momentum. boolish. Worse case scenario price drops and retests the last broken resistance and finds support.
SL under 7EMA.
Prev. DAG analysis linked.
Im very familiar with this pattern on the smaller timeframes, so to see it on the daily level tells me that this will likely bring a nice 15-20% move.
Just an assumption. Nice range in play, current price ~middle range, however there is good momentum. boolish. Worse case scenario price drops and retests the last broken resistance and finds support.
SL under 7EMA.
Prev. DAG analysis linked.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
