Potential trend reversal run coming in 2-3 weeks
Dash / Dollar (calculated by TradingView) POLONIEXASHUSD
Price action broke out of the long term trend from December indicating a potential bull rally. Price has been falling in the last few weeks but I'm predicting a trend reversal in 2-3 weeks once the price touches the trend line . The dotted line shows the average path the price will travel before it reaches the trend line .
Profit target and stop loss is placed at key level of support and resistance . Once the price reaches the profit target, a possible double bottom would have formed indicating the possibility of a long term bull rally.