Following up from the Head and shoulders pattern from about a week ago, we have been in a buyers market which covered about 500+ pips. sellers tried to enter the market and failed as they could break any lows, today we see price buyers a bullish candle engulfing the past 3days P.A which is a clear sign of the uptrend continuation. for confluence we can see a rejection from the ascending T.L which brought about the bullish engulfing candle. my bias is long on this commodity with my first target at 1296.246 daily support however i believe we will be tapping the 1300.000 and beyond in the next weeks
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.