- October 19, 2021
- Posted by: Tradingshot Articles
- Category: Commodities
Pattern: Bullish Megaphone on 4H.
Signal: Buy as the price rebounded after breaking just below the 4H MA50 (blue trend-line), in similar way as the August – September Bullish Megaphone. We are now on the second red arrow leg.
Target: 1810 and 1820 in extension (symmetrical levels from Aug-Sep).