🔄 Update: In the previous setup, price made a dead cat bounce with a fake breakout, and continued its downside move.
Now, the chart has formed a falling wedge, which is considered a strong bullish pattern.
A breakout above the wedge’s resistance could be a solid trigger.
✅ Confirmation of trend reversal will be at 0.0875 in MWC (Medium Wave Cycle) and at 0.1880 in HWC (High Wave Cycle).
⚠️ Please remember: using this analysis requires strict risk management and capital management.
What’s your view on
PEAQ? 👇
Now, the chart has formed a falling wedge, which is considered a strong bullish pattern.
A breakout above the wedge’s resistance could be a solid trigger.
✅ Confirmation of trend reversal will be at 0.0875 in MWC (Medium Wave Cycle) and at 0.1880 in HWC (High Wave Cycle).
⚠️ Please remember: using this analysis requires strict risk management and capital management.
What’s your view on
PEAQ? 👇
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.