Long
Waves potential strong breakout
Waves had a strong consolidation over the last months with higher lows and flirting now with previous May's highs.
We could get rejected here from the red trendline, Upper BB in Weekly is also capping the prices but we could have a buy here to play a strong breakout. Otherwise, a pullback between 30$ to 25$ would be an opportunity to enter at a better price.
Expecting a rally there once a breakout is confirmed in Weekly (Daily would be a 1st good sign).
We could get rejected here from the red trendline, Upper BB in Weekly is also capping the prices but we could have a buy here to play a strong breakout. Otherwise, a pullback between 30$ to 25$ would be an opportunity to enter at a better price.
Expecting a rally there once a breakout is confirmed in Weekly (Daily would be a 1st good sign).
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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.