- February 9, 2021
- Posted by: Tradingshot Articles
- Category: Commodities
Pattern: Channel Up and Bullish Megaphone on 4H.
Signal: Bullish once the price makes contact with the 4H MA50 (strong buy accumulation level since November).
Target: 60.00 (top of the Channel Up), if seeking more risk aim at 62.50 (top of the Megaphone and 2.0 Fibonacci extension, which indicates the Higher High since November).
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