- Descending channel
- Rejection at key resistance level 98.50 (4H & 1D)
- Rising wedge with in descending channel
For entry
- Looking for a break past the support of the rising wedge
- Already have strong rejection on the descending channel resistance line
- Stop set just above resistance zone at 98.80
Trade closed: target reached
Profit taken at 95.96!
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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.