two possible scenario's for a possible uptrend
Two possibilities could be taken into consideration:
1. It breaks out of the main diagonal trendline and then above 0.167 it retests and grows further
2. It develops into a rounded bottom pattern and a possibility for a cup&handle.
It seems that the 0.167 is in both cases an important S/R point to watch out for.
This is pure speculative. DYOR/NFA
1. It breaks out of the main diagonal trendline and then above 0.167 it retests and grows further
2. It develops into a rounded bottom pattern and a possibility for a cup&handle.
It seems that the 0.167 is in both cases an important S/R point to watch out for.
This is pure speculative. DYOR/NFA
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