Broadening formation, sometimes known as a bullish megaphone.

Price action testing the top bollinger band.

Oversold indicators with Stoch RSI conveying an increase in momentum.

Tight stops at 3.10%. A break below the megaphone would indicate a retest of the longer-term trendline.

Join The Spekre ACS Creator Pool and gain access to exclusive trading indicators, copy trading, exclusive content, and more tools in the future! Link: hub.accessprotocol.co/creators/J8TpW6cypxheFUYjWn4mxS6ExvBEMxyMiRvrf43Nhnvy
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.