If we look at the daily time frame, we can see that price has formed a pennant. We have 2 possible scenario's, either a break to the upside or a break to the downside. Even though this is considered a bullish pennant, I like to keep an eye out for both possibilities to see which one plays out, if either of them will play out. I would look for a break of the pennant to either side and then wait for a retest at the levels shown in blue. It is at these areas where I would look for entry opportunities on the smaller time frames, such as H4 or H1.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.