GOGL Down Channel Breakout Weekly
Broadening Wedges can be observed on chart, initially a bullish one that pushed price into its long seen downtrend
Following this a bearish wedge is observed, which is accompanied by 200MA rejections
Right now price has experienced a double bottom, which is considered to be a bullish pattern. Pushing price out of the downtrend and leading to the now seen break out.
Weekly Chart
Following this a bearish wedge is observed, which is accompanied by 200MA rejections
Right now price has experienced a double bottom, which is considered to be a bullish pattern. Pushing price out of the downtrend and leading to the now seen break out.
Weekly Chart
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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.