W1 - Price has broken above the top of the range.
Higher highs.
Expecting the price to continue higher further.
H4 - Currently it looks like a correction is happening in the form of double wave down.
Bullish divergence.
Until the two key support zones hold my view remains bullish here.
If we get a valid breakout above the downtrend line we may then consider it as a validation for the bullish view.
Higher highs.
Expecting the price to continue higher further.
H4 - Currently it looks like a correction is happening in the form of double wave down.
Bullish divergence.
Until the two key support zones hold my view remains bullish here.
If we get a valid breakout above the downtrend line we may then consider it as a validation for the bullish view.