OCEAN has one of the most bullish structures in the market, therefore its interesting to monitor it.
It has upward trending price where it recently flipped November range as support.
Currently it looks consolidating from that breakout.
potential scenario':
- Breaks the current downward trend and accelerates further upwards.
- Further consolidation in drawn triangle.
It has upward trending price where it recently flipped November range as support.
Currently it looks consolidating from that breakout.
potential scenario':
- Breaks the current downward trend and accelerates further upwards.
- Further consolidation in drawn triangle.