Long

Right Angled Descending Broadening Wedge + Morning.S.Doji

Updated

A right-angled descending broadening wedge is a bullish reversal pattern.

The Morning Doji Star is a bullish reversal pattern.

Note

To confirm the reversal of the trend and the morning star candlestick pattern, it is better to wait for the next candle.
A green candle will confirm that the bulls have joined the party.

Note

Dollar Index Mirrored Image:

invst.ly/w9fzs

Note

Let the fun begin.
I wish you a successful trading week.

S / L 1.154
TP 1.188
Risk - Reward ration is - 1:15

If the price falls below 1.154. the chance of falling further is 1.148-1.149.

Note

DX goes out of the channel

Note

So the morning star candlestick pattern failed because the third candle was not green.
What is also new on the graph is that the dollar index has a double top pattern.
Will the pattern succeed we will see, wedge and other targets remain the same.

Note

In fact the third candle was green but the 4th candle meaning confirmation was not green.

Trade closed: stop reached

Trade active

Note

How are you? do you enjoy profits?
This week and next week will be all bullish.

Note

Congratulations bulls, 1.19 is confirmed.

Trade closed: stop reached

mytradingidea

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