As we can see, the consolidation pattern (triangle) is reaching it's breaking point, and we're currently on the lower part of the triangle, with a little more room to go.
We're also on a fibonacci step, with the next step being exactly the consolidation's bottom support.
I understand this as an opportunity to buy now (good entry point), and set a buy order at the next fibonacci step for a greater entry, then just hold for a couple of weeks !
We're also on a fibonacci step, with the next step being exactly the consolidation's bottom support.
I understand this as an opportunity to buy now (good entry point), and set a buy order at the next fibonacci step for a greater entry, then just hold for a couple of weeks !