Lulu has successfully closed above the descending trendline and is now retesting the breakout level, which often confirms a reversal setup. The structure suggests buyers are stepping back in after a prolonged downtrend.
📊 Technical View:
Price has broken out from a multi-month descending trendline.
Retest around 1.16–1.18 area is holding well.
Upside potential toward 1.50–1.55 (Fib 38–50% zone).
Stop Loss: Below 1.09 support zone.
If the price holds above 1.15 on the retest, momentum toward 1.50 remains strong.
📊 Technical View:
Price has broken out from a multi-month descending trendline.
Retest around 1.16–1.18 area is holding well.
Upside potential toward 1.50–1.55 (Fib 38–50% zone).
Stop Loss: Below 1.09 support zone.
If the price holds above 1.15 on the retest, momentum toward 1.50 remains strong.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。