The decisive moment will come if the price breaks convincingly above the upper boundary of this consolidation. That would confirm that bullish momentum is returning and that the market is preparing to move toward new highs.
This is the scenario I am watching: a calm accumulation phase, a temporary slowdown, and then a renewed move higher once consolidation has run its course. At this stage, the breakout appears less like a possibility and more like something that is gradually taking shape.
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Note
Price has decisively broken through the key resistance ahead, and there is now little standing in the way of buyers maintaining control.Publications connexes
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Publications connexes
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.
