It has hit a low of 39.85 in FEB'19 and since then chart has formed a potential rounding bottom reversal pattern.
In addition since SEP'19 the chart is forming an ascending triangle with the resistance line around 56.60
Also worth mentioning both MACD and RSI have shown signs of positive divergence since the bottom in FEB'19
Look for a sustained BREAKOUT AND CLOSE above the resistance at 56.60 on the weekly chart ( ideally a CLOSE above the highs at 57.50 will be more powerful )
Targets:
T1 - from the ascending triangle breakout is around 62.95
T2 - from the breakout of the rounding bottom reversal is around 73.35
Good luck,
TA
交易开始
T1 reached Congrats longs,
TA
交易结束:到达目标
T2 reachedCongrats longs,
TA
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