Will the price raise and breaks previous high.
This chart is a lil bit messy as I was keep eyeing on the price movement. The callout (in the purple colour) is the main structure, and the tiny little line was the minor structure. As we can see in the chart we have a close higher than the minor downtrend. this might be another opportunity price might breaks the previous high on the major structure.
Watch out for the retracement or we might see a continuation as price strikes up and breaks new high, use suitable indicator as it can be a tool that might helps with your trading decision.
have a safe trade. glhf.
This chart is a lil bit messy as I was keep eyeing on the price movement. The callout (in the purple colour) is the main structure, and the tiny little line was the minor structure. As we can see in the chart we have a close higher than the minor downtrend. this might be another opportunity price might breaks the previous high on the major structure.
Watch out for the retracement or we might see a continuation as price strikes up and breaks new high, use suitable indicator as it can be a tool that might helps with your trading decision.
have a safe trade. glhf.
Comment:
We have a break on the previous high, price seeking for a new Higher Hig