Hi traders,
We are in a potential double buttom area, reaching that area in a falling wedge pattern.
To confirm this setup, wait for the breakout from the falling wedge pattern followed by some LTF continuation correction.
We are in a potential double buttom area, reaching that area in a falling wedge pattern.
To confirm this setup, wait for the breakout from the falling wedge pattern followed by some LTF continuation correction.
Note
Breakout Happened. now wait for some continuation correction. dont jump right into the trade, because it still could reverse
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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.