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Look at how 50 MA caught the Price (also it is a strong horizontal support zone for the price).
In addition we have a descending triangle which is not always bearish pattern.
If price breaks triangle's resistance I would expect to see it higher.
Also can open Long with stop loss under support zone
Peace Out!
Not a Financial Advice
Look at how 50 MA caught the Price (also it is a strong horizontal support zone for the price).
In addition we have a descending triangle which is not always bearish pattern.
If price breaks triangle's resistance I would expect to see it higher.
Also can open Long with stop loss under support zone
Peace Out!
Not a Financial Advice