On the THETA chart, it is worth highlighting the trend line, which acted as resistance. This resistance line is now strong support after it has been broken.
Locally, the formation of a symmetrical triangle is worth highlighting. The price broke through the upper boundary of the triangle and according to the rules the target for the breakout is 26%, just the first area of profit-taking.
There could be a good buying opportunity in case of a retest of the trend line.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Locally, the formation of a symmetrical triangle is worth highlighting. The price broke through the upper boundary of the triangle and according to the rules the target for the breakout is 26%, just the first area of profit-taking.
There could be a good buying opportunity in case of a retest of the trend line.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
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