ellynacci

Bullish Breakout

Long
MYX:UMW   None
Bullish market structure developing with HH and HL since June 2020 and recently the formation of Bullish Cup and Handle chart pattern coincide with breakout above Resistance turns Support at 3.215 and a valid DTL. Our view is Bullish towards Fibonacci 1.618 coincide Support turn Resistance level at 4.30.

Disclaimer: Our content is intended to be used and must be used for technical analysis education purposes only.
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.