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Last post: March 23rd. See chart.
Review: Price was stuck in a period of consolidation.
Update: Price has managed to free itself from the area of consolidation and has used the resistance level of that consolidation zone turned support to help it find strength to the upside.
Conclusion: We need to wait for a breakout of the previous high before looking for a trading opportunity.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Review: Price was stuck in a period of consolidation.
Update: Price has managed to free itself from the area of consolidation and has used the resistance level of that consolidation zone turned support to help it find strength to the upside.
Conclusion: We need to wait for a breakout of the previous high before looking for a trading opportunity.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading