I expect a breakout from either ascending triangle.
If it breaks out from the short term pernnant, it would probably happen within the next hour, the price is rising above the 800 mark as I type.
If it wants to break out from the longer term triangle, it might take a little longer.
This could be the start of another leg up.
Good luck!
If it breaks out from the short term pernnant, it would probably happen within the next hour, the price is rising above the 800 mark as I type.
If it wants to break out from the longer term triangle, it might take a little longer.
This could be the start of another leg up.
Good luck!
Trade attivo:
STR struggles to break the long term trend line set up by its run to 450 on 3rd of April. Little surprise there.
We are also on the 4.671 fib circle line from that previous run.
This seems to be a crucial junction here. Let's see how this turns out.
Macroview below:
We are also on the 4.671 fib circle line from that previous run.
This seems to be a crucial junction here. Let's see how this turns out.
Macroview below:
Trade chiuso: obiettivo raggiunto:
Trade closed as it might retrace from here, i.e. potentially forming a new cup and handle.
now for the big one...