---> THIS IS A NAKED CHART ANALYSIS <---
ONLY CHART PATTERNS AND PRICE ACTION ANALYSIS - NO INDICATORS
Here as you can see after the breakout of the rounded bottom - continuation pattern, the market went to retest the resistance zone, which now is support.
At the support area, bullish momentum pushes the market up in smaller timeframes and the market is now going to continue the upward trend.
* If you don't know about the Rounded Bottom pattern, you can go to my profile and find the post about this pattern, to completely understand this analysis.
HAVE WEEK & HAPPY PROFITS ! ! !
ONLY CHART PATTERNS AND PRICE ACTION ANALYSIS - NO INDICATORS
Here as you can see after the breakout of the rounded bottom - continuation pattern, the market went to retest the resistance zone, which now is support.
At the support area, bullish momentum pushes the market up in smaller timeframes and the market is now going to continue the upward trend.
* If you don't know about the Rounded Bottom pattern, you can go to my profile and find the post about this pattern, to completely understand this analysis.
HAVE WEEK & HAPPY PROFITS ! ! !