VODAFONE Look for price to breakout from this structure
Hi traders:
Looking at VOD for the next buy move.
We see the price action had a strong bullish impulse up from the previous continuation structure, and begin to form this larger triangle pattern.
Price has been consolidating for sometimes, and this is good indication for the price to have the momentum to have the next impulse up.
Currently this structure is still developing, so I would wait for confirmation of a breakout, then lower time frame correction to enter.
Thank you
Looking at VOD for the next buy move.
We see the price action had a strong bullish impulse up from the previous continuation structure, and begin to form this larger triangle pattern.
Price has been consolidating for sometimes, and this is good indication for the price to have the momentum to have the next impulse up.
Currently this structure is still developing, so I would wait for confirmation of a breakout, then lower time frame correction to enter.
Thank you
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.