🔥 DAR vs BNX Fractal: 100% Move Ahead?

4 במאי 2022

DAR has been gaining significant price action over the last couple of days. When I was scouting for an entry I noticed that the DAR chart is following an almost exact copy of the BNX chart. BNX has been one of the biggest gainers of the last couple of months (apart from the current consolidation phase), which could be great news for DAR.

If we get a bullish reaction on tonight's FED meeting, I think we're going to see more bullish price action for DAR. Current target lies around the top of (2), which also acted as a strong resistance area on BNX's chart.

Be aware that fractals are true until they aren't. Never only enter trades based on a fractal, use multiple indicators and analyses for that.