Two sequential triangles during the last few months. We are narrowing in the orange triangle as we speak, which makes me bullish seeing it is a descending triangle. Being on the weekly, I expect a breakout to occur very soon, within a week or two. Bullish sentiment is picking up on twitter all across the board, so there's that. This is a big timeframe so a big range to trade through, this TA is more for longs. Could retest lower levels of support around 114 or so before going back up, but I don't think it will test the bottom of this triangle... ever..... again...
If you say I'm just posting this now because of the bullish sentiment and that I want to be a "genius" like all the rest you're wrong. I admit all the time that I'm a noob and I've just been busy with school trying to catch up on a few things. But the bullish sentiment is helping :D
If you say I'm just posting this now because of the bullish sentiment and that I want to be a "genius" like all the rest you're wrong. I admit all the time that I'm a noob and I've just been busy with school trying to catch up on a few things. But the bullish sentiment is helping :D