Title: "1D Technical Analysis of ONG/USD: Exploring AMD's Post-Breakout Dynamics"🍿👍🎗🌟💯💫🔥
Subtitle: "Prospects for a Bullish Restart after a Double Top"🌖🍿🎗🌟💫💫
Introduction: This technical analysis focuses on the evolution of ONG/USD in daily timeframe, highlighting the influence of an AMD breaking upwards followed by the formation of a Double Top. We look at how this breakout drove prices towards the Fibonacci points of 0.38 to 0.681 and then a correction to close liquidity. We also analyze the formation of a new AMD, followed by a Double Top which propelled the candle upwards, and the prospects of a bullish recovery to cross the next expansion bar 1.272.🔥🔥🌖🌖🎗🎗🌟💫
Summary: Broken AMD followed by a Double Top resulted in volatile moves in ONG/USD, with a push towards Fibonacci points, followed by correction and consolidation. Investors are now watching for bullish recovery signals with a view to breaching the 1.272 expansion mark.#NGO#USD #TechnicalAnalysis #AMD #DoubleTop #Fibonacci #BarreExpansion1272💯🔥🌖🎗🌟
![](https://public.bnbstatic.com/image/pgc/202404/9b924433c962d4ce6ae7298158efb64c.jpg)