Price undergoing another correction as we hit the assumed support of this short-term ascending triangle pattern, this is just slightly past the expected volatility.
There's a good chance we could see a bearish breakout occur if long-term trendline (solid purple) doesn't hold; note that since pattern support now falls above LT trendline I would consider this as a valid critical support zone (between 2850 and LT trendline).
If price gets rejected during recovery at the solid blue line, or in general, we could fall into a correction path like the one shown. Supports are indicated at the intersection of dashed blue line/2750 -> intersection of solid red line/2650 -> 2400-2350 (prior low).
There's a good chance we could see a bearish breakout occur if long-term trendline (solid purple) doesn't hold; note that since pattern support now falls above LT trendline I would consider this as a valid critical support zone (between 2850 and LT trendline).
If price gets rejected during recovery at the solid blue line, or in general, we could fall into a correction path like the one shown. Supports are indicated at the intersection of dashed blue line/2750 -> intersection of solid red line/2650 -> 2400-2350 (prior low).
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.