Drawing some simple parallel lines to the earlier resistance, we are simply projecting out a repeat of the pattern here.
We see new targets emerge, the first for a resistance check on the parallel from the last resistance, and then a return to the trendline which may break out of the newly formed wedge again and into the upper 1800's, low 1900.
Very similar targets to previous projections, but less bullish in outlook : We haven't solidly closed above, then retested and found support at the earlier bullish trendline. But it's very close.
We see new targets emerge, the first for a resistance check on the parallel from the last resistance, and then a return to the trendline which may break out of the newly formed wedge again and into the upper 1800's, low 1900.
Very similar targets to previous projections, but less bullish in outlook : We haven't solidly closed above, then retested and found support at the earlier bullish trendline. But it's very close.
Nota
Hah! I see what went wrong here. Zoom out for targets!Nota
Target 1 : 1240Down to 1125-1140 for another breakout attempt to the 1850-1950 area.
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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.