Price action and chart pattern trading - Possible the end of Elliott Wave collection phase
> Parallel Channel breakout
> Pullback entry position is recommended
> Target SMA200 as key resistance or Volume profile point of control
> RR: 2:1
Indicator: strong RSI and MACD bullish divergence
Always trading with affordable risk and respect your stop
> Parallel Channel breakout
> Pullback entry position is recommended
> Target SMA200 as key resistance or Volume profile point of control
> RR: 2:1
Indicator: strong RSI and MACD bullish divergence
Always trading with affordable risk and respect your stop
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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.
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.