Going breakout soon?
Here's my analysis in DTF.
Currently the chart is forming triangle pattern. and as we know, with triangle, we need to see the price action first until it showing the strength ( breakout with volume) either resistant or support.
In my opinion, the wave almost create to 5 wave and will break resistant soon as per map show.
MACD indicator still in low -ve but the rsi is oversold. This is the best time to enter and wait the price action to react with this pattern.
Tp if price success in break the resistant will be 0.830.
But to go till that higher, we will see another continuation till complete the price there.
TAYOR. If you have a nice or comment, don't hesitate comment below.
Your idea and knowledge will help us more in learning this market trend and movement.
Currently the chart is forming triangle pattern. and as we know, with triangle, we need to see the price action first until it showing the strength ( breakout with volume) either resistant or support.
In my opinion, the wave almost create to 5 wave and will break resistant soon as per map show.
MACD indicator still in low -ve but the rsi is oversold. This is the best time to enter and wait the price action to react with this pattern.
Tp if price success in break the resistant will be 0.830.
But to go till that higher, we will see another continuation till complete the price there.
TAYOR. If you have a nice or comment, don't hesitate comment below.
Your idea and knowledge will help us more in learning this market trend and movement.
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