Falling Wedge formed on OMU, the price broke up and it was clear demand and buying from there.
We also had a W Formation confirming strong upside.
7>21>200
RSI>50
Target 1 -> R12.61 Reached
Target 2 -> R13.38 hit today.
The uptrend is still on the way, but we'll need to wait for a consolidation pattern to form before getting in.
This is the best type of trade for trend traders right now.
We also had a W Formation confirming strong upside.
7>21>200
RSI>50
Target 1 -> R12.61 Reached
Target 2 -> R13.38 hit today.
The uptrend is still on the way, but we'll need to wait for a consolidation pattern to form before getting in.
This is the best type of trade for trend traders right now.
✅ Facebook:
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)