A year-long rounding bottom pattern on M_MFIN
The key for traders is to watch for a confirmed breakout of the rounding bottom, ideally with high volume. If no immediate breakout happens and a pullback occurs, traders should stay alert for the formation of a cup and handle, which could signal an even stronger continuation of the bullish trend.
Both outcomes—whether a breakout or the formation of a cup and handle—are bullish signals, but understanding the pattern fully can help traders position themselves more effectively.
Both outcomes—whether a breakout or the formation of a cup and handle—are bullish signals, but understanding the pattern fully can help traders position themselves more effectively.
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.