CHZ is about to potentially break out of a DESCENDING TRIANGLE on the 4H and 1D TF.
The pattern can be either BULLISH or BEARISH,
Can CHZ if it can break through the heavy resistance of 0.33-0.38 and claim and hold as support we are good for continuation.
TARGET 1 - 0.45
TARGET 2 - 0.55
TARGET 3 - 0.65
TARGET 4 - 0.95 ATH
RSI PRINTED A HIDDEN BULLISH DIVERENCE ON THE 4H.
Trade the breakout, NFA.
The pattern can be either BULLISH or BEARISH,
Can CHZ if it can break through the heavy resistance of 0.33-0.38 and claim and hold as support we are good for continuation.
TARGET 1 - 0.45
TARGET 2 - 0.55
TARGET 3 - 0.65
TARGET 4 - 0.95 ATH
RSI PRINTED A HIDDEN BULLISH DIVERENCE ON THE 4H.
Trade the breakout, NFA.