For now price is at strong resistance and in our triangle. As long as it remains in the triangle we can enter long. We know if we break below under our triangle we have to take loss..The movement i expect is drawn in the chart...
A lot is going on in this chart. Recently the chart came to my attention by another tradingview idea from a couple of months ago so I decided to spend some hours studying. In summary, it seems to me to be one of the most bullish charts for an asset listed on the Binance exchange. Every week I study all assets listed on Binance for opportunities. Today 3 came up....
THIS IS NOT AN INVESTMENT PROPOSAL. My personal opinion. If you find this useful and want more guesses. don't forget to follow. Press the Like button. Leave your feedback to us in the comments section! Thank you very much for your support. Let us know how you see this opportunity and forecast in the comments.
The AMB/USD chart cancels out a lot of noise from the
Downtrend broken and turned into an uptrend that needs
to hold these next couple of weeks to stay valid.
An inverse head and shoulders looks as though it is forming:
It has a clear neckline (blue horizontal) and assuming the
uptrend/diagonal support holds here that would be the...