I will share my thoughts on the current market situation and any possible targets. You can make your conclusion out of this and make your own decision how to play it!
QTUMUSD: On the 1 hour chart; side way action in a ascending triangle pattern. This can lead to continuation to the downside or break bullish. We need to wait for a pattern break. On the higher time frames we are just searching for a lower high to be set.
As always, patience is key.
Would you like to see more of my ideas? Please give me a follow. Thanks for your support!
QTUMUSD: On the 1 hour chart; side way action in a ascending triangle pattern. This can lead to continuation to the downside or break bullish. We need to wait for a pattern break. On the higher time frames we are just searching for a lower high to be set.
As always, patience is key.
Would you like to see more of my ideas? Please give me a follow. Thanks for your support!