Higher Lows Building Momentum
Price is now looking for a breakout higher with this one with the momentum in recent times slowly building.
As the daily chart shows; price in recent times has rejected the daily support level, but it has also formed a series of higher lows.
This shows price may now be building momentum for a break higher and through the daily chart resistance.
If we can get a breakout of this resistance it could activate long trades and potential breakout and intraday re-test setups.
As the daily chart shows; price in recent times has rejected the daily support level, but it has also formed a series of higher lows.
This shows price may now be building momentum for a break higher and through the daily chart resistance.
If we can get a breakout of this resistance it could activate long trades and potential breakout and intraday re-test setups.
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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.
Publications connexes
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.