Use this as a guide to develop your view.
Main items we can see on the weekly chart:
a)The price is on a significant support zone
b)We expect a reversal movement based on the previous situations
c)If the price goes up respecting previous structures that happened on the past, these are what we will be waiting
-Breakout of the descending trendline
-Corrective structure of 3 weeks at least, above the broken trendline or on its edge
-Our Target for the bullish movement will be the next resistance zone at 2.5
Main items we can see on the weekly chart:
a)The price is on a significant support zone
b)We expect a reversal movement based on the previous situations
c)If the price goes up respecting previous structures that happened on the past, these are what we will be waiting
-Breakout of the descending trendline
-Corrective structure of 3 weeks at least, above the broken trendline or on its edge
-Our Target for the bullish movement will be the next resistance zone at 2.5
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.