- December 11, 2019
- Posted by: Tradingshot Articles
- Category: Commodities
Pattern: Channel Up on 1D (blue channel).
Signal: Bullish as the price is rebounding on the Higher Low.
Target: 1485 (Lower High of 1W Channel Down).
* Observe the 1D RSI, if it breaks above its Channel Down we may have a bullish break out of the 1W Channel Down. Basically is the Green Triangle breaks, it justifies a push towards the Resistance Zone.