Price is moving sideways and is testing a key support level which consists from the sliding parallel of the upsloping pitchfork, and the quartile of the downsloping one. In case price breaks above the downtrend, it will be a nice idea going long, aiming the upper parallel of the downsloping median line set.
Kommentar:
It's on it way..! In case you missed the breakout, just wait for a correction and buy as low as possible:
Kommentar:
Price reached the upper parallel of the downsloping pitchfork.. We should now wait to see how price behaves at this level, and we might come with a sell setup pretty soon
