On the chart we can see a falling wedge pattern.
Our strategy is to enter long when the price breaks out of the falling wedge formation.
Look for the volume increase in order to avoid the trading false break out.
Target is shown on the chart.
Our strategy is to enter long when the price breaks out of the falling wedge formation.
Look for the volume increase in order to avoid the trading false break out.
Target is shown on the chart.
Trade active
Breakout and retest of the previous resistance to confirm it as a supportTrade closed manually
Breakout failed. May go much lower now
💥 Free signals and ideas ➡ t.me/vfinvestment
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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.
💥 Free signals and ideas ➡ t.me/vfinvestment
Related publications
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.