A W pattern leading to bullish continuation
I expect a rejection (small one) at the red line but a prompt recovery.
This allows completion of the larger overall pattern
I'm not sure how high it will go but I do think it will turn bullish after the small rejection.
Daily Chart
I expect a rejection (small one) at the red line but a prompt recovery.
This allows completion of the larger overall pattern
I'm not sure how high it will go but I do think it will turn bullish after the small rejection.
Daily Chart