In the last few months we've seen two bullish formations.
W Formation first and recently a Cup & handle.
The price has broken above the neckline and brim level, and now the price seems to be retracing to a conservative level of entry.
With the higher lows and clear signs of demand, it looks like this market is poised for growth.
7>21>200
RSI>50 - Higher lows
Target $80
W Formation first and recently a Cup & handle.
The price has broken above the neckline and brim level, and now the price seems to be retracing to a conservative level of entry.
With the higher lows and clear signs of demand, it looks like this market is poised for growth.
7>21>200
RSI>50 - Higher lows
Target $80
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)