Descrizione
⋅ 1. Price broke out of resistance area at beginning of August (blue arrow). Normal to see pullback after that.
2. Nice pennant pattern with doji bottom, which it hit a demand zone based on 1H chart. (Should have entered yesterday but too bad...didn't see this)
3. Forecast about 0.25 move, which happens to meet horizontal + trendline resistance.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.