HOME is breaking out from its descending channel pattern, setting up for a strong move. The structure projects a potential 70% gain from the current level. Momentum is shifting in favor of the bulls, and confirmation looks clean for continuation.Trade active
This is why descending channel patterns are one of my favorites. They play out most of the time. We scale in, tighten the stop loss until it becomes a risk free trade, and ride the trend straight to the target. Structure and discipline always win
HOME
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.