Hello to you all. Mars Signals team wishes you high profits at all times.
As you can see there is a high pressure by the buyers and the price intends to go out of its channel.
Our first scenario would be that if it can not break its trend line, the price would fall inside the bullish triangle.
The next scenario would be that if can break its triangle, it will first make a pullback to its trend line and then resume its uptrend.
The third scenario would be that it will resume its uptrend after some ranging inside the triangle.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
As you can see there is a high pressure by the buyers and the price intends to go out of its channel.
Our first scenario would be that if it can not break its trend line, the price would fall inside the bullish triangle.
The next scenario would be that if can break its triangle, it will first make a pullback to its trend line and then resume its uptrend.
The third scenario would be that it will resume its uptrend after some ranging inside the triangle.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!