Huge move will come soon
We could possible be in 2 different kind of pattern:
a bullish one, and this is the case of a FALLING WADGE (you can see in light blue), you can even considerate it as a bull pennant,
or a bearish one, and this is the case of a DESCENDING TRIANGLE if you se the S1 as a support of the triangle.
In any case they can possibly be broken up or down, so in the chart you can clearly se what I am waiting for to open a position
wait until the price broke the S2 support and retest it to open a short position or at least wait a daily close under the S1. take profit S3.
for the long I expect to see the falling wedge to be broken and retested, I'll take profit at 35500$.
More detail in the chart
a bullish one, and this is the case of a FALLING WADGE (you can see in light blue), you can even considerate it as a bull pennant,
or a bearish one, and this is the case of a DESCENDING TRIANGLE if you se the S1 as a support of the triangle.
In any case they can possibly be broken up or down, so in the chart you can clearly se what I am waiting for to open a position
wait until the price broke the S2 support and retest it to open a short position or at least wait a daily close under the S1. take profit S3.
for the long I expect to see the falling wedge to be broken and retested, I'll take profit at 35500$.
More detail in the chart
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.