The sentiment is bullish due to the fact that the price has just broken out of a descending channel awaiting a likely retest.
The channel is within a descending triangle pattern, one of which might be a continuation or reversal pattern, telling us to either hold our positions when the target is reached or go short.
Good luck!
The channel is within a descending triangle pattern, one of which might be a continuation or reversal pattern, telling us to either hold our positions when the target is reached or go short.
Good luck!