It has a strong chance of rising for reasons that support that trend.:
-Double bottom pattern
-Strong trend line break
-In the weekly frame, it's rebounding from a strong and old support's price
-Double bottom pattern
-Strong trend line break
-In the weekly frame, it's rebounding from a strong and old support's price
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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.
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.