A megaphone structure
Price has touched the upper line, and is consolidating within this upper region
The strong double bottom that was seen in green oval allows price to form a support above the middle in this upper region.
I have shown potential price movement with a double curve.
Price has touched the upper line, and is consolidating within this upper region
The strong double bottom that was seen in green oval allows price to form a support above the middle in this upper region.
I have shown potential price movement with a double curve.
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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.