#BEL LTF Analysis:
$BEL is breaking out of a symmetrical triangle with strong momentum, pushing above the upper trendline and reclaiming the short-term moving averages. The breakout suggests buyers are taking control after the period of consolidation, keeping the setup bullish.
As long as $BEL holds above the breakout area, I’d expect the move to continue higher.
$BEL is breaking out of a symmetrical triangle with strong momentum, pushing above the upper trendline and reclaiming the short-term moving averages. The breakout suggests buyers are taking control after the period of consolidation, keeping the setup bullish.
As long as $BEL holds above the breakout area, I’d expect the move to continue higher.
