this is a zoomed in chart from the daily.. so should check that one as well !
If we look at the 4 hours zoomed in on the Handle, it seems to be breaking out already. I would like to see it rise above $317 and continue to race towards the neckline cupline around $351. if it doesn't break through the USD 317 level, we may see a further drop to test the USD 267 zone and a drop towards USD 233 is something to be aware of.
Keep calm, trade safe and manage your risk.
(Disclaimer: this is not financial advice)
If we look at the 4 hours zoomed in on the Handle, it seems to be breaking out already. I would like to see it rise above $317 and continue to race towards the neckline cupline around $351. if it doesn't break through the USD 317 level, we may see a further drop to test the USD 267 zone and a drop towards USD 233 is something to be aware of.
Keep calm, trade safe and manage your risk.
(Disclaimer: this is not financial advice)
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Tims.Technische.Analyse by TIMTIBBO