38.2 fibonacci retracement+Triangle formation+MA200 rejection

After a big bullish wave, price has been in a correction structure the last weeks. A triangle pattern has been formed with a 38.2 % fibonacci retracement. We could see an impulse this week to MA50. Then we have a breakout of it to validate the pattern.
Stay tuned!!

ความคิดเห็น:

Price is moving up till MA50. A break above the moving average would validate the pattern

ความคิดเห็น:

Breakout has occurred yesterday, Today, price is still above MA50. 1/3 of the trade has been close .

ความคิดเห็น:

We can expect a corrective structure till MA50 aprox to see a new bullish scenario

ความคิดเห็น:

Order has been closed on breakeven