Many Possibilities for RTNTF

2 сент.

Peace and Blessings here we have RTNTF on the weekly and daily chart. Please observe on the weekly chart that RTNTF is on an upward trend however it got a pull back to the trend line and key level, please notice that the last two candles have been positive on the weekly. On the day chart utilizing Heikin Ashi to simplify the price action we see consolidation in the form of an asymmetrical triangle. Will this break out on the day chart lead to positive price action or a swing past the weekly trendline or will it consolidate into another pattern, we must wait and see?