Trend line analysis - Weekly Timeframe
These curves & triangles highlight support/resistance zones on a weekly timeframe. Fairly conventional methods used. RSI & MACD incidators aswell. There are two triangles highlighting the possible RSI outcome if the support/resistance zones hold out.
I believe it will break out upwards after completing this formation but hold a neutral sentiment.
These curves & triangles highlight support/resistance zones on a weekly timeframe. Fairly conventional methods used. RSI & MACD incidators aswell. There are two triangles highlighting the possible RSI outcome if the support/resistance zones hold out.
I believe it will break out upwards after completing this formation but hold a neutral sentiment.