Reasons to trend.
Price is forming multiple patterns on the monthly chart.
1. Flag and pole Price moved from 74 to 740 in 20 months and then was consolidated.
2. Cup and handle
3. Triangle
4. Triple top It is forming a supply zone of 780-880.
Hence it is important to look at the chart.
1. Flag and pole Price moved from 74 to 740 in 20 months and then was consolidated.
2. Cup and handle
3. Triangle
4. Triple top It is forming a supply zone of 780-880.
Hence it is important to look at the chart.
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