Hey guys,
Interesting to note that the current price is holding on the median line of the pitchfork.
I have added a hypothetical support at this level. Should price rebound from here, we could have an ascending triangle which is a bullish pattern.
Tonight's closing could potentially validate or invalidate this idea.
Trade with care!
Cheers
Jesse
I have added the projected target in case this scenario is valid.
Interesting to note that the current price is holding on the median line of the pitchfork.
I have added a hypothetical support at this level. Should price rebound from here, we could have an ascending triangle which is a bullish pattern.
Tonight's closing could potentially validate or invalidate this idea.
Trade with care!
Cheers
Jesse
I have added the projected target in case this scenario is valid.
Trade closed: target reached