MACD could cross to the upside, its moving nicely within the triangle, the movements are getting less aggressive compared to the past couple of days.
Volume is down a bit i hope to see buyers regain control and make a new highs.
# I am not a financial advisor, i do this for fun :) Trade at your own risk, remember ALOT of people lose their money.
Volume is down a bit i hope to see buyers regain control and make a new highs.
# I am not a financial advisor, i do this for fun :) Trade at your own risk, remember ALOT of people lose their money.
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We need to watch out for a inverted cup and handle too :$
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Little update: not too much to add
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Were looking for a break of this structure, or were going to create a inverted cup and handle and fall ot the green support line, we can break up or fall into consolidation between the gold floor and red resistance lines. Lets see.
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Sorry for the messy phone drawing but looks like a W forming with a higher low ? lets see what our barriers give us for a battle.