There are many things we spotted in this chart.
1) Price is moving in a parallel channel.
2) It has also formed a flag pattern.
3) Touched FIB 61.8% level.
4) Currently in the demand zone.
Breaking of the flag will hint at an upward movement. We have given you all the possible outcomes in case of a breakout.
Educational purpose only - kindly do your own research
Good luck.
1) Price is moving in a parallel channel.
2) It has also formed a flag pattern.
3) Touched FIB 61.8% level.
4) Currently in the demand zone.
Breaking of the flag will hint at an upward movement. We have given you all the possible outcomes in case of a breakout.
Educational purpose only - kindly do your own research
Good luck.