ECL - NICE SHORT - RISING WEDGE BREAKOUT
ECL - ECOLAB INC - SHORT
WE MAY HAVE A VERY NICE SHORT HERE WITH THIS RISING WEDGE LOOKING TO BREAK DOWNWARDS. AFTER THE FALSE BREAKS THIRD TIME IS THE CHARM AND WITH A GOOD VIEW OF THE WEEKLY ACTION WE COULD SEE A GOOD FALL DOWN TO THIS KEY LEVEL HIGHLIGHTED IF PRICE CONTINUES TO FALL WE MAY EVEN HIT SECOND TARGET
WE MAY HAVE A VERY NICE SHORT HERE WITH THIS RISING WEDGE LOOKING TO BREAK DOWNWARDS. AFTER THE FALSE BREAKS THIRD TIME IS THE CHARM AND WITH A GOOD VIEW OF THE WEEKLY ACTION WE COULD SEE A GOOD FALL DOWN TO THIS KEY LEVEL HIGHLIGHTED IF PRICE CONTINUES TO FALL WE MAY EVEN HIT SECOND TARGET
Trade active
BREAKING OUT WITH A STRONG BEARISH START TODAYTrade closed manually
AFTER 2 FAKE BREAKS APPEARS WE COULD BE BREAKING UPWARDS HERE RISING WEDGE IS ASCENDING INTO A BROADENING WEDGE STRONG PIVOT AROUND THE 118 MARK COULD ACT AS STRONG FOOTHOLD FOR MORE UP TIME IF WE BREAK IT
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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.