• Long term descending channel was broken back in March
• We had several breakouts before that were proven to be fake, is this one going to be a long lasting one ? Or it is just another fake breakout that is going to fade and trade back into the descending channel ?
• We have a bullish crossover between the 50 and 200 Moving Averages
• We have a symmetrical triangle breakout, which targets a 1200$ move as per the measurement method
• Breakout point: 1700 + 1200 = 2900$
• Next resistance is 2170 followed by 2300 and 3300
• We had several breakouts before that were proven to be fake, is this one going to be a long lasting one ? Or it is just another fake breakout that is going to fade and trade back into the descending channel ?
• We have a bullish crossover between the 50 and 200 Moving Averages
• We have a symmetrical triangle breakout, which targets a 1200$ move as per the measurement method
• Breakout point: 1700 + 1200 = 2900$
• Next resistance is 2170 followed by 2300 and 3300
Ramzi Abou Abdallah, CFTe, CMT
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Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Ramzi Abou Abdallah, CFTe, CMT
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.