We may derive the following from the Daily SHP chart:
1. Price appears to be building a bullish structure.
2. Should price trade outside of the purple downtrend then we can expect a possible continuation to the previous high (blue line).
3. Wait for a bullish opportunity to present itself first. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
1. Price appears to be building a bullish structure.
2. Should price trade outside of the purple downtrend then we can expect a possible continuation to the previous high (blue line).
3. Wait for a bullish opportunity to present itself first. As always - maintain your risk.
Note: The views provided herein do not constitute financial advice.
