Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
KCS is currently stuck inside a range in the shape of a rising broadening wedge pattern in red.
Now KCS is approaching the lower bound of the range.
As per my trading style:
As KCS approaches the lower red trendline, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
🏹 Long-Term
For the bulls to over from a long-term perspective, we need a break above the range upward.
Which scenario do you think is more probable and why?
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
KCS is currently stuck inside a range in the shape of a rising broadening wedge pattern in red.
Now KCS is approaching the lower bound of the range.
As per my trading style:
As KCS approaches the lower red trendline, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
🏹 Long-Term
For the bulls to over from a long-term perspective, we need a break above the range upward.
Which scenario do you think is more probable and why?
📚Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
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.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
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.