Here we can see a very strong downtrend that started in April 2021... One year ago.
The downtrend ended in March (last month) and we see a strong breakout followed by a retrace with prices now moving weekly back above EMA10.
We also have the harmonic pattern... Honestly, I don't know how it is called but this pattern works most of the time... It is pointing up.
See the chart.
Thanks for the support.
Namaste.
The downtrend ended in March (last month) and we see a strong breakout followed by a retrace with prices now moving weekly back above EMA10.
We also have the harmonic pattern... Honestly, I don't know how it is called but this pattern works most of the time... It is pointing up.
See the chart.
Thanks for the support.
Namaste.
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