we are in full triangle in a possible bullish flag
It's possible we will retest black line lower support at 7400 and then rebounce at 8125$ this will validate second scenario.
1° scenario: first triangle need broke up until 23 may (not so much probable)
2° scenario: second bigger triangle need broke up until 28 may (more probable)
if broke up, target is 10600 and then retest support at 9600$ (not 6600 as in graph.. sorry!)
It's possible we will retest black line lower support at 7400 and then rebounce at 8125$ this will validate second scenario.
1° scenario: first triangle need broke up until 23 may (not so much probable)
2° scenario: second bigger triangle need broke up until 28 may (more probable)
if broke up, target is 10600 and then retest support at 9600$ (not 6600 as in graph.. sorry!)
Comment:
bigger green triangle seems to be confirmed...
Comment:
maybe one test to 7800 support black line and i'm go long 100X
Trade active:
Confirmed downtrend channel in uptrend, we wait for next green bull line
Trade closed: target reached:
Here, as predicted we reach 10.600 $ easy trade!