Bullish breakout or false hope?
I think there are some very positive signs, apart from low volume.
- RSI Bullish
- Something between a Pennant / Ascending Triangle, I wasn't perfectly sure?
- Bullish Candle position, could be a first breakout signal, although the wick indicates bearish resistance... will have to see the next candle for some more confirmation.
- Volume low but appears ever so slightly bullish
- MA crossover looks likely
- One concern is the volume, but if it consolidates we could break upwards.
I am an amature, still learning, so any corrections / advice are welcome. Nothing negative please... Only a fool would use my idea in any way to invest.
- RSI Bullish
- Something between a Pennant / Ascending Triangle, I wasn't perfectly sure?
- Bullish Candle position, could be a first breakout signal, although the wick indicates bearish resistance... will have to see the next candle for some more confirmation.
- Volume low but appears ever so slightly bullish
- MA crossover looks likely
- One concern is the volume, but if it consolidates we could break upwards.
I am an amature, still learning, so any corrections / advice are welcome. Nothing negative please... Only a fool would use my idea in any way to invest.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.